CAY 2.60% 7.5¢ canyon resources limited

Voting Down Options From CRAP Raise - Thoughts???, page-53

  1. 1,338 Posts.
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    I think the company has derisked itself even further knowing a professional is finally in charge. That within itself if handled correctly was worth a 10-20% rerate.

    Instead the BFS and The new man in charge has been lost in the whirlwind of the Crap Raise.

    It was handled poorly and I think we will play catch up with a rerate after the MC is delivered.

    Until then I'm just gonna continue soaking up as many as I can loose shares being sold UNDER the crap raise price.

    That puts me ahead of Ashanti and the broker and his clients in my eyes and that's a win for the little guys. Mop it up whilst u can peeps. it ain't gonna last forever and when the EGM is announced and provides extra clarity around the Tranche 2 Options vote, we can then make more of an informed decision of how to play it.

    Cheers all, not long to go IMHO
 
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