Member Info for fairdealer20

Hasiba, good too hear someone has principles, unfortuenately, as I have discovered, principles an be expensive.

In some situations un-cast votes can be regarded as agreement. Do'nt forget the Execs can exercise their Proxy for un-cast votes.
I do agree with the sentiment of your post.

Is it concievable the market has not recovered as it is waiting to see if traunches of shares are released after 27th? Institutions and others making a quick buck.

Agree pointless voting against accept to register a protest. It did'nt do the Canadian aggrieved Investors any good when we reversed into them.

GarBains, quite agree. Some do not realise Directors are appointed by Shareholders and have an obligation to protect and conduct affairs , Legally , in the Interest of ALL Shareholders . They are basically servants of Shareholders.

As far as the funding deal being voted down, in theory it could be, however the Execs will have been very lax to have not got Institutional Shareholders on board..........sharewise they do have significant clout when it comes to votes.
How many PI's here will take the trouble to Vote??

Apathy often feeds into the hands of the BOD.

justfening, disagree. Have an account with Primary Bid where I recieve regular share offers. Primary bid do raise large funds often oversubsribed. Offers through the site always give at least 1 trading day for applications, sometimes several days. I have never known just 30 minutes. Is it believed the Institutions were given just 30 minutes??
Long term Holders have stuck with the company since the debache in the NS. The Canadian adventure has significantly restored confidence, which has been dented by the way PI's have been treated this week.
Traders, and there are many, will love the current SP waves. LTH like to see steady growth, which this deal promises to deliver. It is just a pity the Execs do not practice what they preach.
Do we know how many shares Majid and Co applied for in the raise?
Does anyone know how Canadian Investors have reacted?

At the end of all this, shareholder Approval is still required.

My gripe as a LTH who took up shares in the last Offer, is the way this Fund raise has been managed. It is now up to GH and Majid to work the Oracle and get us back to where we were at the end of last week.

Levs neither a "sulking baby " or " a buck chaser". My investments are long term. I do expect Execs to act honourably towards what are called " valued investors". You must be new here and or a Trader. If you consider PI's have been given a fair crack of the whip, Lord help us.

justfencing," as your average investor" have been at the begiining of many company journey's, some duds, but that is the risk retail investors take. Have also seen once a Company is seen to have a big potential with some history, in come the Institutions who could not care a toss about ordinary PI's . Business builders as you put it depend initally on smaller investors however as seems to happen all too often are suddenly of little importance once the " cream" appears within a business.
Retail investors are the building block of many small businesses. Could give numerous instances, so to disregard PI's has an inconvenience is insulting.
Read the pre-amble on the Primary Bid Offer, says " we value our retail investors".
The methods adopted to get this fund raise away are structured towards Institutions, even the primary bid offer was aimed at Retail and Institutional INvestors. Were the Institutions in this case given advanced information?

Private Investors are the seed corn for majority of SME's to think otherwise is misleading

GGG, the deal may be a good one, however the way the fund raise was orchestrated should concern all shareholders.
How were PI's able to apply given just 30 minutes by Primary Bid. The Placings had been well arranged and yet Ordinary Investors were out in the cold.
Does anyone know how the Canadian Investors were treated? This mornings announcement would have been middle of the night in Toronto. Maybe they given prior knowledge, hence the big drop yesterday.

Would have expected a retrace after the big increase in SP these last 2 weeks, but the level of decrease was imo, larger than just profit taking.

bots that is a sardonic remark. There are many loyal investors here who have stuck with the company through thick and thin.

Of course if you are a trader then it will suit your strategy.
Well done!!

smudge it may be good in the long term, it is the disdainful attitude being meated out to Ordinary PI's. Seeing dilution, if only temporary, is never a good feeling.
The company needs to practice what it preaches and value shareholders.

Flabby I share the sentiment. Took part in the last Fund raise which allowed adequate time to apply. The speed aat which this has occured only demonstrates a certain contempt for PI's
Loyalty means nothing. So much for valuing Shareholders as Majid has stated...crap

Ark87
There are many of us in at raher more than 8p and the recent increase has brought us into profit.
Positive or not existing SH have not been given a fair crack of the whip in this fund raise.

Have a Primary Bid account. Checked emails at 7.05 am, go for breakfast. Check emails again at 7.55am. Primary Bid mail had arrived at 7.11am and Offer closed at 7.45am. Offer price to be announced once Offer has closed.....really. Sign a blank cheque.

The Company have stated they value Private Investors and wanted to give us an opportunity to take part in the Book build.
Well you could fool me giving a faction over 30mins to apply.
Wonder how our Canadian friends have been treated.
The fall yesterday sounds like another leaky ship??

Not happy

The offer is only agreed once Shareholders have voted to accept. The BOD are only recommending acceptance. Highly likely other Players will come into the fray. All good for PI's

Tribal why should we want/need a fund raise when income is being generated?

Fastfood, why keep making dummy sales, even though you say checking liquidity, when you have seen it proves nothing. If MM's have filled orders , again ordinary PI's are just minnows amongst sharks.
Does the rise in SP make you nervious?

Austin that's fine so long as they do not start de-ramping.

Fastfood, if you did not want too sell, what was the purpose of attempting a sale? Try 2x5000 sales!!
10000 is chicken feed, unlikely to get the response stated.

Would not waste the time on scribes who do not have the long term future of the company in focus.

The same poster here continues to rake over news releases and yet pretends to be a LTH. What a joke.
There are many company's who fail to keep SH's informed and execs keep taking huge salaries. TGR does keep us informed which if nothing else raises the company's profile, which must be good.

" however it has to be said that again, there was nothing new here"
Only a Trader would say that!!!.

barchid, Trent, remember super markets will be supplied by CMBC of which we have a 40% share and supermarkets notoriously negotiate wafer thin margins for suppliers.
Sales may well be up which is good for cash flow.

Wonder if we will get direct reports from CMBC?