Did your $50m business venture into a newly legislated category of operations? Did it do CRs? Was it public?
Or are you comparing apples and oranges?
I've got a number of colleagues on boards/marketing management of listed companies and one even said to me this week that the company he works for wants to make an announcement purely on a MOU. You make out like CGB are the first to do that and the first to do a CR..
They could well be planning more infrastructure too - no doubt this will be asked directly at the EGM & clarified. They and the whole team will undoubtedly be working towards a large, profitable business.
Do you forget that the acquisitions they are making are companies that also have people on board, who are selling in exchange for shares? Ask yourself - if the outlook is as bleak as you say, why did they sell? Doesn't make sense does it?
As for 'asking for more money'.. EVERY SINGLE COMPANY does CRs and nobody forces you to buy into it.
I am honestly surprised you don't note a sell sentiment.
