OTCPK:CSUWF - Post by User
Comment by
donofdubaion Apr 04, 2012 7:23pm
176 Views
Post# 19760610
RE: Coming Annual and special meeting
RE: Coming Annual and special meeting I am concerned that a significant number of shares are held by investors who have taken a position in Enercare hoping that the hedge fund successfully places 'like-minded' candidates on the board. Of course, they will be looking for a share price increase and hoping for a windfall capital gain from a sale. However, if there are a significant number of investors who have taken positions for just this reason and Octavian is not successful at placing its people on the board, those investors may just dump their shares and move on to what they perceive to be better opportunities. A significant number of shares coming to the market could cause the share price to weaken. I would be interested also, in hearing from any posters who would like to see Octavian place its own people on the board.