Not sure what other holders think but I'm inclined to vote against what the Board has recommended at this General Meeting!
Correct me if I'm wrong, but seems to me the deal being done is relieving Directors and management staff of their debt obligations under the share issue plan.
My concern is we shareholders, who've bought in at prices far in excess of the current sp, won't be getting the same courtesy, at the moment we've done our money cold! So I just wonder why management (who are much more to blame for the current sp than shareholders) are being given the get out of debt card free, surely if Kogi loaned them the $'s to buy the shares (at a price they thought cheap at the time but which is clearly now dear) they should have to pay it back?
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Not sure what other holders think but I'm inclined to vote...
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
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Price($) | Vol. | No. |
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24 | 39273531 | 0.005 |
33 | 32148237 | 0.004 |
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23 | 45435328 | 0.002 |
Price($) | Vol. | No. |
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0.009 | 7857866 | 10 |
0.010 | 6972717 | 6 |
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0.012 | 8500000 | 4 |
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