I went to see what CPH Creso Pharma was up to this morning and they are Gonski as well...
"Were those companies run with a lack of transparency? Did they make promise after promise, whilst sweeping their failures under the rug? Did they have numerous related party transactions? Did their directors never purchase a single share on market or capital raise? "
Many were if you followed them...company after company had big ideas/stories and did CR after CR and went bust or have crippling debt.
Nice to see ASIC doing their job where needed! Not the toothless tiger after all?
CGB Price at posting:
2.1¢ Sentiment: None Disclosure: Held