CGP 6.78% 6.3¢ consegna group limited

Yep, furniture- past price has no bearing on future price-...

  1. asf
    9,888 Posts.
    Yep, furniture- past price has no bearing on future price- hopefully, this time we'll be higher than 12c. ;) Dunno what market cap it had before any capital raisings. We have certainly had loads of volatility over the past 5 years- just checking the graph from 2009- a big rise in late 2009 (all numbers in post-consolidation figures) to 35c, then a fall; then a rise to 32c in early 2011, then a fall; then a rise to 22.5c at the beginning of 2012, then a fall; and here were are in 2013- closer to a good product, and with some blue sky ahead. Not a bad time for bio stocks, when resources stocks, particularly gold stocks, have taken such a tumble. Bio's might be seen as a little more defensive, perhaps.

    furniture, 293.8m shares on issue now post-consolidation. A tidy amount for the company at this stage.
 
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