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.
Half Yearly.....what a shambles
Add CAG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $18.03M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.0¢ | 19.0¢ | $1.447K | 7.618K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10032 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 21450 | 1 |
View Market Depth
| Last trade - 15.46pm 05/05/2021 (20 minute delay) ? |
| CAG (ASX) Chart |