I would guess he is referring to CGV making a placement in Australia. Should also incorporate appointing a lead broker I would say.
This will be a key element to CGV's sp success. Too many holders are playing around in the stock knowing if they can knock it down after a run there will always be some ready to sell at ridiculous prices.
If we get a decent lead broker they will swollow up any of that rubbish that goes on. The current brokers that are on board seem to be useless imo. A few support the stock but you need bigger money to try and soak up some of these bigger 'players' in the stock.
Hopefully if and when this all happens a few of these idiots selling will get the frights to play around and will hold. I am constantly amazed at when and how some investors sell stock not only on this stock but on many others. There are a lot of amateurs in the game out there imo.
CGV Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held
