I had a look at TAG's last annual report and so see that now for the same investment I now will have an extra two 300K a year men riding on my back also running an unprofitable company. And two CCE directors will be joining the board, what on earth for if the shares are going to holders, for the directors fees I suppose. This deal is subject to shareholder approval I think.
If it goes ahead I think the best way to play it will be to hold and hope CCE eventually gets somewhere but duck all raising and hope they can rope in a new bunch of suckers to finance it.
CCE Price at posting:
2.2¢ Sentiment: None Disclosure: Held
