CXX 0.00% 6.6¢ cradle resources limited

A hypothetical question : So if your a director of a publically...

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  1. 512 Posts.
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    A hypothetical question : So if your a director of a publically listed company - or a whole board , can you cut a deal with one party - in this case who holds 19.6 per cent & not even inform the rest of the shareholders . But even worse - to work with that sole shareholder & reach business decisions about the WHOLE COMPANY with this sole party , then one day just inform all the other shareholders you've done this deal without their knowledge . Also the unknowing shareholders have been oblivious to what's been going on & have been buying & selling their shares without this full discloser. Really o come on - run that past your corporate lawyers
 
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Currently unlisted public company.

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