CGP 6.78% 6.3¢ consegna group limited

Ann: Becoming a substantial holder - TASOF , page-8

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,412 Posts.
    lightbulb Created with Sketch. 54
    Hi Elite,

    Just to point out the maths and the hurdle shareholders face to get back what was lost due to inept mgt.

    The share price declined from 6c to 0.3c during FP's tenure. A 95% loss of market capital (although I'm sure that bought a lot of nice meals and luxury accommodation).

    To get back to 6c the share price needs to appreciate by 1900%. Yes, that 19x !!

    So, 50% is not going to cut it and there is more than "improvement of that in the months to come" required !!

 
watchlist Created with Sketch. Add CGP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.