Re wcp
Wow there you go again...$1.84 closing...you have No clue how the markets operate...They dont want penny flippers and shareholders that hold for 3days before having to square up thier accounts ...holding this stock... As far as terms what you are suggesting is that Fronterra may Not convert thier loan and keep collecting 15%interest to somehow force Cgx into bankruptcy.... Did you know that secured debtors get paid first...That would be Fronterra...but only for the $35 million on this offering...(are you suggesting that Cgx is only worth $35 million what about the balance of well over $200 million they have invested...Next to get paid is unsecured debtors ...banks...suppliers...not much there...And Lastly Shareholders of which Fronterra owns app 78%or over 260 million shares at a cost of over $250 million....Tell one reason Fronterra would have in not seeing Cgx do well or being successful... Your constant negative rhetoric is annoying to say the least....