CGP 6.78% 6.3¢ consegna group limited

Ann: Appendix 4C - quarterly , page-8

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  1. 988 Posts.
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    Hi again guys,
    I haven't been on HC for ages and during last week can't help myself. Ok, I'm going to go quiet again for a while but before I go I will say this about CGP.
    Market cap under 5 million - What we have/will have near future. Good management, vision, good products that will now be closure to licence. No fear of suspension due to lack of funds in near future. DYOR but I will be hanging on to holding and I think sometime before end of business year you will see why. (although anticipating SP higher long before that).
    To me most companies with CGP market cap and current SP indicate total lack of management ability and close to financial collapse. Just on above analysis alone I think you would agree market cap/SP should be higher. Some of the above may become clearer upon the release.
    Do remember though this isn't a CSL, it's at these levels and undergoing current shake up for a very good reason. I invest no more than 20% in risky stocks and I still regard this as one of those and so should you :)
 
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Currently unlisted public company.

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