"Plenty of issues needing disclosure before this can be signed this off by Directors, a clear personal wealth hazard in these litigious times."
Therefore, Dumas, the prospective stumpers of cash for the cap raising should ask many questions, including-
1) has there been any communication by or with GW? How secure is the CTN mandate?
2) how much of the capital raising is intended for plugging the cashflow shortfall?
3) has ASIC been in touch? Considering the cash flow issues raised by ASX?
4) are there any plans to reduce the cost base?
5) the AFR mentions several ETF launches? What are they? How can CGA assure us that these will not be sub- economic and small in size, like your track record with your recent product launches?
6) how are you going to engineer a turnaround in the performance of your products?
Etc etc etc
CGA Price at posting:
90.0¢ Sentiment: None Disclosure: Not Held
