I think you will find that CGX hasn't gone down for one simple reason - they didn't get Linc to do their placement.
I have no doubt in my mind that it is these clowns that have offloaded some stock to some non-believers who were going to look for a quick stag. This stag has not occured so they are calling it a day and selling their holding. This is very very poor form by Linc in my opinion and should never be given a big dirty fee again just to stuff up the stock price. Then you throw in people such as you and I that are just jack of this price going south - and it snowballs. I however will continue to hold as it is a good story and hopefully things get interesting soon (for the right reasons).
As Mr AJ pointed out, they need to DESPERATELY halt this falling shareprice so that when good news does come it simply doesn't bounce back to where it should have at least been in the first place.
ATQ Price at posting:
9.9¢ Sentiment: None Disclosure: Held
