CGP 6.78% 6.3¢ consegna group limited

With their recent track record, baggage of previous...

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    With their recent track record, baggage of previous 'financiers', etc... I'd be really surprised if anyone put any money into this that wasn't highly conditional or 'at the right price'.

    If they do raise money it will dilute most small shareholders out of the game, leaving those with larger holdings, like those that FP got for free, to at least salvage something.

    Would not surprise me to see someone take out the company at this low price, get rid of the baggage and management then try to resurrect these assets properly.

    Unfortunately, any way I look at it, I cannot see a good outcome for small shareholders, but as disclosed before I've personally written this off, so perhaps I'm being cynical?
 
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Currently unlisted public company.

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