Day Trading 31 Dec All Day. Early close, page-6

  1. 3,809 Posts.
    lightbulb Created with Sketch. 10
    ok, here it is for everyone's weekend research. Market Cap 922k   Shares on issue 92,160,663

    Please note, it is not liquid so not a day trade yet until volume arrives.

    Announcement of Aussie to China agriculture/food/milk acquisition and progress snuck under the radar in a General Manager's address to shareholders and was announced in the ann but as it didn't have a separately titled ann of its own it has flown under the radar.

    CAE
    Market Cap $922k
    Shares on issue 92,160,663
    Top 4: 50%
    Cash: $24k
    Available cash: $1.4m of 2m drawdown facility
    Assetts: Gold mining tenements - 3m
    Announced November 24: - Actively pursuing Aussie to China trade acquisitions eg agriculture/food/beverage/tech that support producing, storing and transporting of Aussie produce targeting Middle Class Chinese. Has support in this direction from prominent Hong Kong billionaire Fung family's Aquis Group both as a shareholder (12m shares about to increase to 24m) and current and future funding provider.
    Doing due diligence on several propositions before signing a formal agreement. Market update due soon.

    More info here with some links to research:

    http://hotcopper.com.au/threads/could-cae-be-the-next-milk-stock.2672042/#.VoRfYfl97IU

    Notice last trade was at 1c but was recently trading at about 1.8 - 2c.

    One to keep an eye on  
  2. This thread is closed.

    You may not reply to this discussion at this time.

 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.