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CARPENTARIA RESOURCES LTD (ASX:CAP) - and so it begins, 10993683, page-25 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
CAP 2.27% 4.3¢ carpentaria resources ltd

The bottom line is that we are far better off with the curent...

  1. w27
    1,326 Posts.
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    The bottom line is that we are far better off with the curent management in charge than giving substantial say to people who want to do a "joint venture" or similar. I think 20% of the capital justifies a claim for 20% of the directors, not 40%. It is not in the interests of shareholders to allow a minoity holder, with whom we hope to finalise a transaction, to have a disproportionate number of directors. I am all for rejecting the removal of existing directors and appointingm the two new.
 
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Currently unlisted public company.

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