No quarterly - no profit - no ... (pick whatever you want)!
And cash that they went begging for - how will that be used? If you don’t know - just remember this pearl;
”we need money to make money” - was that statement the strategic rationale for the “issue”?
Hey Neil - what did you think of the results of the cap raise?
My take - investors turned their backs on it - many posting here claimed to have thrown the docs in the bin - the whole thing seemed utterly directionless to me!!
Still - I reckon you’ll have bought yourself a tidy parcel - no doubt!!
CGB Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held