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
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