the sp. and current bank balance of cash or cash equivalents says it all, the biggest monetary return from this company has been to the board, the only return to shareholders as QBL or CGB has been tax losses, and the only way to preserve the bank balance and maintain liquidity as a legal entity is a massive increase in cash receipts which are largely profit beyond that I cannot envisage anything less than a huge breakthrough on medicinal cannabis , it might happen but last time I looked at Wallstreet "there aint no tooth fairy" and there isnt one on the asx as for another cap raise well that would be incredulous if it had any support, meanwhile a large Global group is advertising shampoo with hemp oil I bet the marketing budget for that is bigger than CGBs current market cap I very much doubt CGB are supplying the hemp oil, each s/h must decide for themselves I did , I sold 10million shares it was to much for me and if I had held well I would be 50k down now instead of 40k and 12 k of that has been recovered since through trading, good luck to all holders I think you will need it
- Forums
- ASX - By Stock
- CGB
- Ann: Quarterly Activities and Cashflow Report
Ann: Quarterly Activities and Cashflow Report, page-62
-
- There are more pages in this discussion • 46 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)