CDY Half-Yearly Analyses, page-54

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Taurean7

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16/02/19

21:22

Post #: 37460279
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Originally posted by siren4 ↑

The purpose of a corporation is to make money, generate returns and care for its stakeholders (shareholders, employees, customers, creditors, community; in the case of Cellmid in could be argued there is a duty of care to the health of a large section of the global population).

Shareholders are interested in company value and returns and are concerned about the price of shares they own. Therefore, the company should also care or face their day of reckoning.

The sustained share price fall, that even the leader of the Three Amigos has acknowledged as fact, destruction of shareholder wealth and decimated market cap warranted at least one response from the silent Board from the plethora available. That’s notwithstanding the mantra that the Board (with some exceptions) is not directly responsible for the market.

We now face potential catastrophic outcomes for all stakeholders.

By all accounts, including silence and apparent indifference on the share price, contrary to convention, our incumbent Board has dutylessly neglected the share price and in turn left us vulnerable to a potential imminent steal of the company by reason of the undervalued market cap.

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"We now face potential catastrophic outcomes for all stakeholders."

Would that be due to climate change, Siren?

CDY Price at posting: 21.0¢ Sentiment: Buy Disclosure: Held
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CDY Half-Yearly Analyses, page-54

Top Stories

'Taking money from the market': Garbage giant cleans up as this week's Hot Stock tip

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

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This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game