Carbonxt Group Limited

ASX:CG1

Carbonxt Group Limited

ASX:CG1
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$0.075 (-2.6%)
Last close price
#542
Rank
1
Held by
6
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Reports (2) My Report Forum Investors
Forum Topics CG1 CG1 Walker Selling
Marinos
Added 6 years ago

Just wondering what where peoples thoughts on Walker group selling over 50% of their stake.  Admittedly, they have been selling to the reputable Pie Funds, but still trying to understand if there is anything more.  It seems the company has a large runway and is about to just get started.  They did have a seat at the Board so would have a detailed understanding of the company and its prospects.

Any thoughts?

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Strawman
Added 6 years ago

I'm not familiar with the company Marinos, but it's a good question. May simply be a re-balancing of Walker group portfolio, but who knows. I notice the Chairman has close links to Lang Walker. Encouraging that Pie is on the other side of the trade. as you say.

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