Jace.h
Your last para - you are still believing the spin
15 months on -- FUM crashing from 672m to under 300m, operating costs doubled, never looked liked having positive operating cash flow, survived on spin,capital raising, and now selling off client revenue streams - CIE and CSG next?
Not a viable medium term strategy
Major backers looking to save themselves and their money. Board had ( Told ? ) to act? Becomes Sydney based Switzer Asset Management?
Read release again. Unlike recent releases , precise as to future in Sydney and lots of staff to go - and some nice words on the departed. Clearest CGA and/ or CTN release in a while!
DYOR
CGA Price at posting:
65.0¢ Sentiment: None Disclosure: Not Held
