Australia's largest stock trading and investment forum Australia's #1 stock forum

CAP

Click for more information

2.27%

4.3¢ carpentaria resources ltd

Vote No to Silvergate!, page-3

First 3 Last

Share
Profile

Follow
sillymidoff

20 Posts.

3

22/09/14

00:00

Post #: 14007395
Share

Originally posted by r36snowbound ↑

The definition of insanity is doing the same thing over and over again but expecting a different result.

I agree with your comments Saracen10 re: Silvergate tryinging to contol the company with out paying a premium for it. It is obvious that despite the smiles and handshakes after the last requistioned meeting, the relationship between CAP management and Silvergate has never recovered.

I don't recall seeing a change in substantial notice from Silvergate recently, and nothing from Mr C Yue. With the current iron ore market depressed, I would be surprised if anyother shareholder of substance has recently built up a stake in CAP.

The sadest thing is if Silvergate launched a take over at 10c a share, they woud probably be successful. CAP was above 90c per share a few years ago and what we know about what is in the ground has only gotten better.

So, what has changed Silvergate?

Expand

The ball's in your court BusterEMC (if you're still around), what can Silvergate do to increase shareholder value beyond that of the current board?

CAP Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

PNN

Power gets set for 1000-metre maiden drilling program in Brazil

EL8

Charger shares move up as it completes Bynoe acquisition in NT

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Quit before you're fired: Russia bans uranium exports to USA, duplicating extant US ban

First 3 Last

Add CAP (ASX) to my watchlist

SPONSORED BY