Market's view on Cap-xx

Published on April 2024

Stock Watchers’ Discussion Summary

  • A significant volume of 500 million shares has been traded, indicating active trading.
  • Stock watcher highlighted Anthony Kongats’ role in the perceived mishandling of funds at CPX, suggesting a pattern of ongoing financial mismanagement.
  • Cooley increased his shareholding from 80 million to 200 million shares.
  • Concerns about CPX’s financial stability due to ongoing losses, upcoming court fees, and loan obligations were discussed.
  • Cooley’s previous investment decisions, particularly with ITM, were criticised for squandering shareholder money.
  • There was a discussion about the ease of buying shares, suggesting high availability of stock.
  • Anticipation of new stock placements and the implications for current share prices and shareholder value were also mentioned.
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