The worst part is that management are displaying all this proactive activity only because the company is on a precipice. They realise there is no more money and if they can't manage to raise any then CGN will disappear.
The recent share price rise looks okay to a newbie but when you look at the volume it is laughable.
In saying that, if management can pull their finger out and make the right decisions going forward, there is potential to recover some of the losses that nearly every holder has.
CGN Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held