i don’t really post much but just read and try to comprehend everyone’s thoughts and sometime have a laugh at peoples theories which get pulled from there backside
i do hold the stock and am going with the cr
what I can see just my opinion is we are not any worse then where we were since the first prospectus if anything we have made or making some deals so technically the price shouldn’t fall what I would like to see if it happens or not is we raise what we require finalize what we need to then do a consolidation 20:1 then for the company to buyback all shareholders holding an unmarketable parcel to reduce the number of shareholders
the other thing plays in my mind is (now think about this situation) we are over subscribed meaning people want more shares then there allocated someone might be in the know and they are happy for you to ask for a refund to give other more shares for all you know I applied for 10mill shares and know it will come back on the market at 15c hypothetically speaking i didn’t apply for that many share and I don’t know anything but someone might have done that no one knows except for the BOD we can all speculate but please try to keep the unknown to a minimum you invested in a company as an investment if you want cash flow leave it in the bank that way you have 24 hour access to your funds
CGB Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held
