CMC 0.00% 1.1¢ china magnesium corporation limited

Ann: Changes relating to buy-back - Appendix 3D, page-17

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  1. 430 Posts.
    Resolution 4:
    Appointment of auditor To consider and, if thought fit, pass the following resolution as a special resolution: “That, subject to the passing of Resolution 3, ShineWing Australia be appointed as auditor of the Company.”

    Never heard of these auditors before.

    I often wonder if these tiny sporadic buybacks are just a smokescreen to desperately hold up the SP and keep one ore two investors (or gamblers) interested.
 
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