CAP 2.27% 4.3¢ carpentaria resources ltd

looks like silvergate sitting on the stock , page-14

  1. 68 Posts.
    My biggest fear is that a deal is done that is really not in the best interests of shareholders, is a lesser deal than what ASI is able to bring, but is done because the Board feels they have to deliver something. Or it is done to mitigate the voting power of some shareholders. From what I know of Nick, he is better than that, but the longer the project sits idle and the longer it is that ASI/Silvergate does not hear from the Board the more my fears grow. I do however doubt that the Board would penalise all shareholders simply to silence a hostile major shareholder, but it would not be the first time this has been done.
 
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