GREY:WFEMF - Post by User
Comment by
StockExpertProon Feb 24, 2014 10:53am
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Post# 22242544
RE:RE:RE:RE:VOTE for PREFERRED SHARES - IMPORTANT WE VOTE!!
RE:RE:RE:RE:VOTE for PREFERRED SHARES - IMPORTANT WE VOTE!!senkins1217 wrote: If you read the rights attached to the preference, share in the situation where the guaranteed dividend cannot be paid, they can receive the dividend in ordinary equity. this seems to me like they just want to use the preference share to unfairly dilute existing shareholders even more.
In all of this, since the announcement of delays in the IMC deal closing... lets check to see who is only group to benefit. Happy outline the "cause and effect" relationships between stock price depreciating announcements, further financing shortages and the lowering of Dundee's average entry price, and their increasing % holding. Please don't tell me this is a coincidence.
Woulfe Mining shareholders need to be fully prepared to seek legal action action against the company and board of directors if this turns into one big dilution scheme/scam.