Yoda. Downanout
Recollection is that when NAOS first reported an interest over 5 per cent, the notices suggested they had an earlier position - perhaps at listing?
( NAOS client report talked positively about CGA's prospects )? CGA was trading in the $1 to $1.10 range on the way down when they cracked the 5 per cent holding
They also participated in the recent raising at 90 cents
But all notices name the effective owner as the Trustee for various funds under Mgt - not the private company of the fund mgr itself.
So, an interesting perhaps significant use of client funds - so far under water?
DYOR
CGA Price at posting:
90.0¢ Sentiment: None Disclosure: Not Held
