So. finally. Mushrooms are informed. $99.75m raised for Contango Global. Drum roll. Put in context. Thats less than a third of their optimistic IPO target. And less than the $154m raised by Wilson Microcap. Ironical? Microcap raising 50% more than Global?
George and Directors should have tipped in $250k? $100m sure sounds better than $99.75m - putting marketing spin hat on Yoda's green pointy years.
Bottom line . $500k per annum revenue to CGA. Costs? Net ?
CGA Price at posting:
$1.15 Sentiment: None Disclosure: Held