Sorry to tag onto this post but I note in today's AFR another MC...

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07/08/19

09:38

Post #: 39896077
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Originally posted by Basileus ↑

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!

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Sorry to tag onto this post but I note in today's AFR another MC hopeful startup by the name of Greenfield EPHS wanting to squeeze into our aussie marketplace also using the 60mins reference to Olivia, how convenient once again.

The problem I see coming is that CGB is being left far behind even if they do recommence trading others are beating them to the punch consistently, capital is diverted and CGB will have less investors who are interested due to the delays.

Others just seem to be able to get on with it and do it, rather than seemingly procrastinate!

CGB Price at posting: 3.7¢ Sentiment: None Disclosure: Held
6 Upvote

0 Great analysis

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