cgg boardroom radio , page-6

I was just going over the Full year statements to refresh my memory.

I agree. With the unlisted shares in escrow come off onthe 17/12/09 there will be some dilution.

Working on some rough numbers.

Total shares 955,673,209 (full paid), market cap when 46.5c ($443,923,042). With these extra shares now available. New total shares are 1,353,014,509 making share price about 32.8c.

When the 72m unlisted shares come out of escrow in 04/10 share price = 31.1.

Will be interesting to see how tightly held these newly listed shares are when they come online on 17th Dec.

I still hold. Wasn't quick enough this morning to get in for a fast trade.

I think this story is just too good. Temporary price fluctuation & buying opportunity here now. I am hoping to top up. Just being a bit cheeky in the lower 30's.

If this hold 38 & 39 cents or higher will be great news IMO.

But don't follow me, I wear rose coloured glasses :)