In my view, CGB is a confetti stock with c. 3,300,000,000 shares on offer post-EGM.
After being suspended for perhaps close to a year and completing an ASX record of supplementary prospectuses - it's just comedy gold for me.
How many shares did they previously issue without notice?
Trevor Sykes would have a field day and alas his type of journalism within the AFR is no more - perhaps his potential review would not only single out CGB within the pot stock arena for ironic playfulness.
I watch CGB for a giggle, yet I am astounded how some holders are happy with such events.
That's the market.
CGB Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
