No one will cough up for placement shares at any price if they haven't made any sales by now and I can't see any bank that would support them going by their current performance.
It looks as if the grim reaper will be knocking on their doors very soon unless a cosmetics mob takes them over. Probably get the lot for less than a million in a fire sale.
Worst mistake I ever made was getting sucked into buying this stock. Out now but the opportunity cost of owning CAU shares has financially hamstrung me.
So for me Vay a very sad tale indeed.
CAU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
