CAG 0.00% 24.0¢ cape range ltd

Half Yearly.....what a shambles

  1. 2,736 Posts.
    lightbulb Created with Sketch. 62
    Just wasted about 10 minutes looking through the CAG Half Yearly report and if anyone can put a positive spin on it, then they deserve a Knighthood.

    They are now talking about doing a 1 for 2 Rights Issue to try and raise $5 million, so that equates to around 1 cent for the issue and will put their number of shares up to around 1.5 Billion, and that's excluding the Options they have !!!!

    They have also increased debt to try and keep the ship afloat.

    Looks grim, at best.

    I hold no CAG shares.......thankfully.
watchlist Created with Sketch. Add CAG (ASX) to my watchlist
(20min delay)
Mkt cap ! $22.77M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 39500 22.0¢

Sellers (Offers)

Price($) Vol. No.
24.0¢ 23730 1
View Market Depth
Last trade - 16.12pm 27/05/2022 (20 minute delay) ?
CAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.