As posted now in the 2.5c-2.9c range. Whilst it has been in suspension is one thing but market hype can only prop up and sustain a company valuation for so long.. Pick which ever way you want to value CGB but even if you have a reasonable multiple it doesn't get close to where it is now.. I sold at 2.9c and can see this going below a 50m market cap very quickly. I'm not looking to buy back in for well over a 6 month period of proven sales results so am not down ramping.
CGB Price at posting:
2.6¢ Sentiment: None Disclosure: Not Held
