WestcanprideI wasn't going to take the time to address your post Fronterra ownership of Cgx shares....but its so full of C.rap and misleading to shareholders..<br /> On point #1Clearly the old management Pacific Rubialies derived greater value than the current management team WRONG..the may 28 youshow the bought 8.5 million at 3.50 ...it was 85 million at .35 and the 35 million shares was really 350 million shares at .10 with 350 million warrants attached at.14....yes I know there was a 10 for 1 consolidation ..so don't try and say old management were fair ..as compared to existing management..very misleading.<br /> One point #2Rights offering ..Price was over $2before deal was made...Shareholders had one month to exercise rights at 1.63 and the price of cgx stayed between 1.70 and 1.90 for only a few days the the balance of the month remained under that1.63 guaranteeing that Fronterra would excercise the majority of rights ..which they did roughly 99%.Stock was trading in the 1.40s when they excercised...Misleading
Also Fronterra Never obtained 12 million share for half a penny as you have shown
Finally Fronterra couldn't care less about cgx share price...the prize is in the Corentyne license
Well ..who do you think owns one third of that license ...CGX..And who owns 80%of Cgx shares
Fronterra ...And they don't care about one third of that valuable license...I think you and your sidekick Kelvin should stop smoking that funny tobacco and stop trying to fear monger and mislead investors.....GLTA