Chatham Rock Phosphate - CRP

[Snow Leopard]

I did not realise that it was still listed.

Best Wishes
Paper Tiger

[ziggy415]

I did not realise that it was still listed.

Best Wishes
Paper Tiger

I think this may not just be such a daft idea this nz phosphate thingy....digging up from 400 metres below the sea might be but agriculture and phosphate and nz might go hand in hand....where to find on land is the problem...I hear tigers like it much like cows love salt licks in the paddock, so we only have to follow tiger droppings and i,m sure we,ll find the mother load.....Sir Chris Castle...if a Jeweller can get knighted...well who knows

[Balance]

https://www.nzx.com/companies/CRP/announcements/293985

Putting two dogs together = Chris Castle special talents to string out fees.

[Snow Leopard]

I did not realise that it was still listed.

Best Wishes
Paper Tiger

https://www.nzx.com/companies/CRP/announcements/293985

Putting two dogs together = Chris Castle special talents to string out fees.

There you go, it is off to Canada .

Best Wishes
Paper Tiger

[artemis]

I see that KASM - Kiwis Against Seabed Mining - has been declined charitable status as it is considered an advocacy group, rather than an educational group as it argued. KASM argued it was only opposed to non-essential seabed mining, not all seabed mining, and its advocacy work was ancillary to its main purpose of advancing education, but the board was unconvinced.

Not sure of the boundary between essential and non-essential is but I guess it depends on one's POV.

KASM doesn't have deep pockets at the moment, according to the article, link below. I expect they were hoping to attract more tax deductible donations as a charity.

http://www.scoop.co.nz/stories/BU170...ble-status.htm

[upfrontal]

Just sold the last of my stock in this company.
Anyone who holds shares, my advice is get out before the reverse listing goes through.
The poor shmucks left holding CRP shares will see 69 of their CRP shares being swapped for one AXG share, have a look at what the large holders in that company are getting:

Ernst Schonbachler held 69.6 million CRP and will now be holding 53.3 million AXG shares
George Pau and Happy Sim held 128 million CRP shares and will now be holding 84 million shares

Get out now is all I can say, get out now.........

It will be interesting to see if the takeover will go through if the share price remains below 0.6c, that is what the large shareholders paid for their shares.
It is obvious that some back room deals have been done, whether there are caveats re the share price remains to be seen.....

[Brain]

Do not under any circumstances swim with sharks.

[Food4Thought]

Do not under any circumstances swim with sharks.

Ha. I like it...

On another note. I'd rather swim with actual fish eating sharks ...

[Balance]

Ha. I like it...

On another note. I'd rather swim with actual fish eating sharks ...

Yup - swimming in CR(A)P is not recommended under any circumstances!

[Jerry]

Is there not a stock market rule against giving preferred investors a different price? Ingenuous question, but this hacks me off.