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42.0¢ naos small cap opportunities company limited

Suspect the old directors face some serious questions in the...

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Offshoreinvest

11 Posts.

04/04/17

22:56

Post #: 23858613
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Originally posted by Downanout ↑

I suppose the next episode in this soap opera could be that the newly installed "independent" directors decide to use CTN funds to buy CTN out of the agreement with OCFM.

The "independent" CTN directors had better think long and hard about that.
They are required to act in CTN share holder's interests, not in CGA's interests.

CGA should take their poison pill medicine and get on with improving their stock picking.

The surest way for them to have more FUM would be to perform as an investment manager..

Cheers

These are my opinions only. Nothing that I have written here should be construed as disparagement of any of the parties or entities involved. For all I know, all of the parties and entities may be completely convinced of the correctness of their actions and be acting from the highest possible motives with all due skill and care in accord with their various responsibilities and obligations. Any figures and facts are mentioned in good faith but I accept no responsibility for their accuracy.

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Suspect the old directors face some serious questions in the future if loss is suffered by investors, because its a poorly constructed mandate

CTN Price at posting: 99.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 42.0¢		Change -0.005(1.18%)		Mkt cap ! $62.71M

Open	High	Low	Value	Volume
43.0¢	43.0¢	42.0¢	$112.5K	266.0K

Buyers (Bids)

No.	Vol.	Price($)
1	20000	41.5¢

Sellers (Offers)

Price($)	Vol.	No.
42.0¢	95019	1

View Market Depth

No.	Vol.	Price($)
2	11671	0.490
2	23091	0.485
1	9000	0.480
3	12614	0.475
3	93130	0.470

Price($)	Vol.	No.
0.495	8650	1
0.500	50101	2
0.515	12118	1
0.535	27954	2
0.545	23700	1

Last trade - 16.10pm 27/11/2024 (20 minute delay)

NSC (ASX) Chart