CGB (ASX) Ann: Board Changes and Directors Interest Notices

Originally posted by mechanic: ↑

you tend to hear from the fountains of wisdom that were so clever they never bought any and like telling everyone why they didnt, unless of course it becomes profitable then you dont hear anything from them at all,reality is no one knows what will happen my belief in the case of hemp is that it will displace or replace part of the petro chemical, plastics and quite possibly the textile and fibre industries and we need seed not THCs,ethanol might be an important consideration ,low water use is another the trend is worldwide the western nations are moving away from petro chemical and conditionally embracing hemp, no I dont subscribe to all the extensive analysis you find on HC by people who sound so professional but can offer little more than a myriad of opinion====no I am here for the potential but got caught out by the T/H while holding i million shares nor did I subscribe to the CR on the premise that approx i/3000th of something can significantly change my position and of course there are those who hold far more shares than me and then there are those who own significantly less than me and at the very bottom of that list are people who dont own any but seem to be hellbent on telling you what a bad buy you made-------just remember their level of committment as opposed to yours and like Mike Tyson said "everyones got a plan until they get hit" have seen lots of loudmouths ----CGB is in the arena to gain a share of the hemp industry

Expand

An interesting post. Light on detail. Wishful thinking and "belief statements" abound.

Still, I suppose that fits with the high risk / 'cross your fingers' and hope model that exists at this end of the market and that's ok. However, you didn't really need to disparage those who disagree with your ... views ... did you?

"... everyones got a plan until they get hit"
Now I am reasonably confident that you realise that that particular comment / sentiment cuts both ways?

And while the 'belief' stuff is a necessary part of buying a high risk spec stock - you must also know that for the last 12 months shareholders have not made any money out their holdings.

And you must also know that it is difficult to ascertain the level of CGB's recent outgoings when the fact (as opposed to belief) is that the company has not published a quarterly report for ... well ... you can fill in the rest ... I'm sure!