Well my patience has run out, yesterday I sent off my email and required hard copy letter to Computershare requesting my funds be returned for the Placement. IMO the company is not doing itself nor its shareholders any favours by not giving any updates on when this FIASCO re the Prospectus will be finalised. When as an investor you see on an ongoing basis repeated stuff ups by management re their Prospectus (12th Version to date for goodness sakes and still going) and this is not the first time the ASX has had to ask the company for please explains, then its time to take stock and accept the fact that the BOD are out of their depth!!! I should have requested the return of my funds far earlier than now as I could have used those funds to purchase more Uniti Wireless shares in their recent IPO. Their share price has nearly doubled since listing a month ago. I still hold a substantial number of CGB but must admit not too sure where the company is heading after this Prospectus fiasco? Good luck to all holders
CGB Price at posting:
3.7¢ Sentiment: Sell Disclosure: Held