It is almost impossible to buy CGL right now. The spread is too large due to the lack of sellers. I suspect it would be moving higher if there was volume to buy into. Interesting the lack of any immediate positive reaction to the new major contract announcement - but the underlying buy interest is very strong.
I ponder if CGL is going to tread the same path as TNE. Once they got their niche space inside the machination of Govt Depts and institutions it become a snowball.
The materiality of CGL's clients is very impressive.
I would buying some right now if I didn't have to add 10% to the market cap in doing so.....
Gosouth
CGL Price at posting:
$5.55 Sentiment: None Disclosure: Held