Will it Rise Above, page-66

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AHVEEW

288 Posts.

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31/07/18

16:36

Post #: 34651362
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Originally posted by rocketrog ↑

Hi All
Back in 2010, I used to pip trade Cape Range from $0.oo5 to $0.oo6
and did very well until they ceased trading leaving me stuck with about 4.2 m shares.
Administration went on and on and I gave up on them completely.
I decided to call Commsec the other day when I saw the CAG trading spike and was told that the old CAG has been delisted and because it was for more 3 yrs I had no part of this new CAG listing.
I asked who is the share registry and was told Advanced ShReg.
Friday I rang Advanced to get their side of the story, as my last shares where in CAPE Range Ltd, the same as it is now.
Advanced wouldn't tell me if I was a current holder, but would send a paper to clarify my position.
I just cleared the mail box and the paper confirms a holding of 9985 shares.
At $2.2 I would reclaim my previous loss, thanks to old shareholders being included in the restructure.
I rang commsec this morn to have them Chess sponsored, which will take 1>3 days to appear in my account.
So I am a holder and happy about that.
I think this thing might actually have some legs this time with Ifree on board.
The explanation of recent trading from Mr Higginson is quite acceptable to me
Prospects are high with Ifree holding 41%, and Top shareholder of about 90% are prevented by escrow from trading until 2020.
Demand is high and supply is very limited causing it to launch as it did.
IMO international and local demand will return when trading recommences
It appears that CAG may have plenty of expansion left in its business model.
Just a pity ASX aren't as vigilant in Shareholders loss of capitol as they are to curtail gains.
My sentiment is changed to held and hold.
RR

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Hi Rocketrod
I too have a holding in the old cape range but not as many as you
Are you saying that the previous shareholding stands?
Cheers
ahveew

CAG Price at posting: $2.19 Sentiment: None Disclosure: Held
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(20min delay)
Last 19.5¢		Change 0.000(0.00%)		Mkt cap ! $18.50M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	3618	17.5¢

Sellers (Offers)

Price($)	Vol.	No.
19.5¢	9842	3

View Market Depth

No.	Vol.	Price($)
1	3618	0.175
1	16804	0.160
1	9500	0.155
1	24965	0.140
1	10000	0.130

Price($)	Vol.	No.
0.195	9842	3
0.200	48356	3
0.205	10000	1
0.210	20000	1
0.000	0	0

Last trade - 10.41am 10/09/2024 (20 minute delay)

CAG (ASX) Chart

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Will it Rise Above, page-66

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