CGX Energy Inc V.OYL

Share price

[taal]

One poster noted that Fronterra could have given cgx a loan for shares instead of rights offering..Would have amounted to same outcome...Only one difference ..by offering rights its made to look like cgx is being fair to its minority shareholders by involving them..But after that premeditated fiasco with cfo selling shares and price being held under that strike price....who would want to participate in the offering.. If you think this all happened by Chance...I highly doubt it... MM playing thier games again this am....if bid and ask stay Under our close of 1.11 at open ...then I think we close Green today.... GLTA

[Beaner1814]

Taal, you hit the nail on the head re saving face with minority shareholders. That has always been on my mind, especially with the backstop of the Standby Agreement. Truly a have your cake and eat it too scenario. And while playing devil's advocate is not my thing, I believe the road to having 2/3's  ownership and thus special resolution say would have raised more brows and possibly