CYP 4.88% 19.5¢ cynata therapeutics limited

Trading, page-72

  1. 1,044 Posts.
    lightbulb Created with Sketch. 53
    It's not just the spelling that gives an indication as to your intelligence...


    Plenty of no arguments made based on sound logic, if you struggle to read and comprehend them, the author can help you out I'm sure.

    Probably the biggest reason is the fact we are a public company and should not be in the business of granting personal loans. Regardless of whether we can afford it. The fact remains it is not our area of business and the intent of the Directors to use these shares to pay off the debt was made abundantly clear by their escrow clause (they would have escrowed the lot with no exemption clause if they were intent on holding onto them).

    They are just hoping they get to sell at a higher rate rather than the current market price otherwise they would have taken a different path.

    If the above is not clear to you smarty then I'm sincerely sorry and hope that lady luck smiles on you, the one remaining hope.
 
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