Well there's not a lot to say really - holders money still tied up - nothing concrete happening that the market knows of - well apart from yet another prospectus! Number 14!
I must say I have never encountered that on any stock anywhere before. I wonder what the record is for that?
I was reading through a few posts and found this comment from doing their very best to put a positive spin on this procession of prospectuses - no doubt.
"Looks like they are waiting on ASX approval etc."
Umm ... well yes that's true but I think that has been the issue for some time now ... maybe ... starting back a prospectus 2!
And this, "ASX approval 23rd to 30th April then listing end of May imo"
Whatever has led this poster to think that re-listing will occur in May?
And to be honest ... it has become so predictable that it is boring beyond belief.
And this from the most recent prospectus.
"The Company is awaiting approval from the ASX about its relisting date and suchapproval may not be finalised prior to 23 April 2019."
In my opinion, it could easily read, "... suchapproval may not be finalised prior to 23 xxxx 20?? " fill in the blanks yourself!
Tap fingers and wait for prospectus number 15.
CGB Price at posting:
3.7¢ Sentiment: None Disclosure: Not Held
