CM8 5.41% 3.5¢ crowd media holdings limited

Ann: Crowd Media Undertakes Refinancing of Debt Facility, page-8

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  1. 481 Posts.
    lightbulb Created with Sketch. 46
    Yes, I understand the announcement on 30 Oct 2017.
    Domenic sold his 5.5 million shares for a tax obligation.
    The other part of the question still perplexes me?
    How did Domenic manage to convince the institution to buy at 0.18?
    Look at how the business has deteriorated substantially, current share price 0.02
    Did not the investor do any due diligence?

    Cheers Lute
 
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