CGT 0.00% 21.0¢ castlemaine goldfields limited

Hey guys, I was a former SBL holder and recently accepted the...

  1. 122 Posts.
    Hey guys, I was a former SBL holder and recently accepted the offer by LionGold. Obviously LG is looking at picking up young Aussie companies for a song, although SBL did have it's problems so I can't say I'm completely dissatisfied with LG taking the reigns. I read about this deal then I started looking into the SP of CGT a bit closer and I have a question for you guys if you don't mind.

    What happened to CGT over the last year. It looks like they had a 52-week high of over $0.60 and 6 months ago if was $0.40 but then there was a huge drop. What was the reason for the huge drop about 5-6 months ago?

 
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