SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Capital Alliance Group - CPT (CDNX)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: keith massey who wrote (485)7/30/2000 7:34:07 PM
From: keith massey  Read Replies (1) of 960
 
And now for a really interesting point mentioned at the AGM.

I asked a fairly simple question at the meeting. I’m not sure of the exact wording but I asked something along this line.....

Based on the recently announced private placement price, CPT’s holdings in CIBT are valued at a minimum of $20 million. CPT’s current holdings in SEG are presently valued at over $30 million based on the seed capital price and will be valued significantly higher at the time of the IPO. Add to this your cash in the bank and you are currently sitting on a minimum of $50-60 million in assets. So my question is, why are we selling at a 85% discount to assets.

Both Toby and Sokhie agreed that the company was selling significantly below asset value and this was largely the result of the story not being well known yet. At this point Toby mentioned that along with getting the story out through promotion it is necessary to get a wider audience for the stock. At this point he mentioned that the company (CPT) should have their F20’s filed by the end August and WILL PUSH TO GET A US LISTING FOR CPT IMMEDIATELY. For anyone that doesn’t know, F20’s are complex US documents that a company must file before listing on a US exchange. So we have a US listing for both CIBT and CPT along with the SEG IPO and additional cash coming in. With all of this going on it is no surprise that we have a basher trying to knock down the price to cover his short.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News