For the next 2-3 years these deals are fantastic, potentially longer however I do feel for CGB to be the mammoth we know it can it will have to secure these licenses directly under CGB.
You can't be a giant player in any industry if at no point you control the very fundamentals that govern your chosen industry eg. licenses.
There is just an air of vunrability to the current model.
First things first is revenue, won't deny this is priority but there is still a part of me that really wants CGB to insure its business model by owning as much of the process as possible.
I have complete faith in Sholom though who would be making the best calls possible for shareholders at all times.
This is clearly the best option for CGB moving forward or interim & an extremely attractive one at that.
Asia here we come Taiji!
CGB Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held