CVI 0.00% 0.3¢ cvi energy corporation limited

This just takes the cake.For anyone who has doubted the utter...

  1. 6,591 Posts.
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    This just takes the cake.

    For anyone who has doubted the utter ignorance of Smythe, have a listen of this BRR, and in particular, pay special attention at around the 1m25s mark...

    http://www.brr.com.au/event/54502/cvi-additional-resolutions-to-egm-mr-mark-smyth-ceo

    What an idiot!

    For those who are interested, Mark's comments were made in partial reference to some of the resolutions that were put up by shareholders in December 2008.

    http://www.asx.com.au/asxpdf/20081219/pdf/31f8zbfwbhft6m.pdf

    I believe this led towards the infamous EGM that Raks et al. got heavily involved in?

    Mark commented on the fact that resolutions 4&5 would de-stabilise the company. All shareholders were asking for in these resolutions was a comprehensive overview of all the company's projects (something that every regular company would do)! Mark didn't seem to like the idea of this, and in hindsight, it is pretty clear why. All of these so-called prospects were just out and out duds!
 
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