CAG 0.61% 82.5¢ cape range ltd

Half Yearly.....what a shambles

  1. 2,705 Posts.
    lightbulb Created with Sketch. 54
    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 ! $69.01M
Open High Low Value Volume
82.5¢ 82.5¢ 82.5¢ $9.475K 11.48K

Buyers (Bids)

No. Vol. Price($)
1 2750 78.0¢

Sellers (Offers)

Price($) Vol. No.
82.5¢ 1226 1
View Market Depth
Last trade - 14.36pm 14/11/2019 (20 minute delay) ?
CAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.