Notice the Liongold CFO has jumped ship as his director friend resigns! All the while Liongold could be seen as gungho in their acquisition's strategy.
I'm wondering who will fund these acquisitions, CGT and 2 other T/O's at the same time, seems quite hectic.
Maybe the two events are related ?? The old CFO must have been in meltdown with all the paperwork :)
On a serious note - its never a good sign when the number puncher leaves the scene...
Great to hear the offer is extended- Grow some balls CGT management and get your own plans back on track. Reject this dodgey offer!!!!
CGT Price at posting:
19.5¢ Sentiment: None Disclosure: Held