NSC 1.15% 43.0¢ naos small cap opportunities company limited

Why not deal directly?, page-8

  1. 335 Posts.
    Agreed. Laws cannot be passed to save fools.
    yoda no longer a shareholder. Just an interested observer.
    Yoda thinks that this is a classic case of arbitraging indifference.
    CTN shareholders as a group control their own destiny. If they choose to exercise it.
    More than half did not vote at last EGM. If half do not vote this time, then only 25.01% is required to win the day. So, they have already won. They had 27% last time. Unless the silent majority wakes up.
    More than 50% of CTN shareholders do not care, for whatever reason. Because of that, all CTN shareholders suffer except those with connections to CGA.
    CTN is run for CGA's benefit. Full Stop. If 50% of CTN shareholders choose to ignore it, so be it?
 
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