I doubt it. They don't have spare cash. Remaining Directors. Chair delivering the bad news from his Board. Mr Switzer who is acting MD and Ms Toh from the Rankin stable
Now a Switzer group exercise ? Trying todo new things to recover some of their own and the major investors's money at least.
Merge into Switzer Asset Mgt ( a joint mgr set up with CGA for the Switzer ETF's
Market whisper some ofTop 20 were not "pleased" with the strategy of selling off 40% of CGA revenue? Presumably they wanted growth in FUM. Not that would've been because their own business liked bigger not smaller
DYOR
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CGA Price at posting:
65.0¢ Sentiment: None Disclosure: Not Held