I think you have no idea !
The announcement clearly states there is an acquisition, and ASX are going over the whole detail, so it has got to be substantial !
The company did a reconstruction and now has a tad over 200m shares on issue and $9m in tha bank against a MC of $5 million !
This could drop a announcement any time this month and start trading at 20 cents, that is my hope for LT holders, we wait !
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CGB is notoriously a beautiful way to waste money, it is and has been a sinking ship for a while. It has promised shareholders so many different “Partnerships”, “Products” & “Deals”.
None of which have ever actually came to fruition. Not one, if you can name me one thing that has actually happened from all of their announcements over the last 6 years, let me know.
I will re invest if you can name one ☝
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