for someone who has seemingly been around a while you have added very little to this thread and your comments about the two announcements adding $100 million to the MC despite these announcements adding in your opinion minimal profit is embarrassing. The company has undergone a huge restructure during the TH and it should be no surprise that the SP has risen dramatically. The MC was so low largely due to negative sentiment and lack of revenue. The two announcements prove that the company is making progress and no longer a dodgy spec but moving to become a serious producer in the sector. If you compare the MC to similar competitors it is not overdone by any means. As you should know the stock market is always looking forward and so these announcements give an indication of where the company is heading. Both announcements have come from T12 we haven't even heard about sales in Canntab which will occur later in the year. The fact the naysayers disappeared during the recent rise only to return on the minor retrace says it all. Perhaps you guys could start a new thread, CGB haters or you could do yourself a favour and purchase some shares.
CGB Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
