Registered Members Login:
   
Forgotten Your Details? Click Here To Recover +
Welcome To The ShareCafe Community - Talk Shares And Take Stock With Smart Investors - New Here? Click To Register >

14 Pages (Click to Jump) V   1 2 3 4 > »    
 
  
Reply to this topic

CAG, CAPE RANGE LIMITED
blacksheep
post Posted: Jul 31 2019, 08:20 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Feb 1 2019, 06:23 PM

Since the last quarterly when I commented

QUOTE
Quarterly is in. Consists of a Cash Flow report but no other updates re activities for the Qtr.


This quarterly exactly the same - cash flow details only no other commentary re what they have achieved during the quarter and this is from a company that has a MC of $72.36m? Not sure how ASX allow

In the June Qtr cash receipts were $215k
Staff costs $211k
Admin $127k

Fortunately they still have $4.1m cash in kitty @ end of June - outflows this qtr = $523k
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Feb 1 2019, 06:23 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Oct 29 2018, 02:37 PM

QUOTE
Will be interesting to read their Quarterly to see what they've been up to - apart from responding to ASX's Price Queries


Quarterly is in. Consists of a Cash Flow report but no other updates re activities for the Qtr.

Cash Flow shows receipts from customers $139,000 for the quarter - hardly exciting. Cash at the end of the Qtr = $4.2m, estimated outgoings $304k
https://www.asx.com.au/asxpdf/20190131/pdf/...8w2qrhdr7lp.pdf

SP down 8.13% @ $1.30
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Oct 29 2018, 02:37 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Sep 21 2018, 02:37 PM

Defies logic this stock. During recent market meltdown this goes up where other profitable companies all go down. No news from the company to warrant the latest rises

Director takes advantage and sells 110,275 shares between 4 - 11 October wacko.gif

Will be interesting to read their Quarterly to see what they've been up to - apart from responding to ASX's Price Queries

https://www.shortman.com.au/stock?q=cag
Attached thumbnail(s)
Attached Image



 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Sep 21 2018, 02:37 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Aug 6 2018, 09:43 PM

I see CAG is back from suspension from trading

10 September 2018
QUOTE
CAG RE-INSTATEMENT TO OFFICIAL QUOTATION
The Board of Cape Range Limited (ASX code: CAG) is very pleased to confirm that
ASX have advised that they will today lift the ASX imposed suspension on trading in the
Company’s securities
.
This unusually lengthy ASX suspension was imposed by ASX on 30 July 2018 following a
rapid rise in the price of the Company’s securities. The ASX trading suspension was
preceded by the issue of three price and volume queries on 16 July 2018, 23 July 2018
and 30 July 2018.

The suspension was imposed by ASX in accordance with ASX Listing Rule 17.3 and
enabled ASX to investigate ASX participant trading in the Company’s securities.

Throughout the entire investigation, the Company fully and proactively assisted the
regulatory authorities with all of their enquiries. In that regard, the Board confirms that
ASX’s and ASIC’s enquiries related exclusively to the trading activity in the Company’s
securities.

The CAG Board of Directors confirms that the Company is in compliance with the ASX
Listing Rules and, in particular, ASX Listing Rule 3.1.

The Board takes this opportunity to once again express its sincere gratitude for the
patience and support received from shareholders throughout the suspension.


https://www.shortman.com.au/stock?q=cag

Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Aug 6 2018, 09:43 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jul 31 2018, 02:59 PM

Surprised that the directors/company did not approach ASX regarding the odd trading in their shares - why wait for 3 x speeding tickets and then respond in the manner they did.

Update on Suspension from Trading
QUOTE
Cape Range Limited (Company) refers to the market announcement released by ASX on
31 July 2018 in which ASX announced that the Company’s securities will remain suspended
from trading under ASX Listing Rule 17.3, pending further queries by ASX.

The Company wished to confirm that ASX has raised a concern with regard to recent
trading in the Company’s securities and has notified the Company that it is investigating
that trading activity.
The Directors of the Company have assisted the ASX with all of their
enquiries and will continue to assist ASX as and when required.

The Company will continue to liaise with ASX to have the suspension lifted as soon as
possible. In that regard, the Company has not received any indication from ASX with
respect to when its securities will be re-instated to trading.


Upon receipt of any further queries from ASX, the Company will provide responses to ASX
in a timely manner to ensure that the suspension of the Company’s securities is lifted as
soon as possible.

The board thanks shareholders for its patience and continued support.




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Aug 2 2018, 12:02 AM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jul 31 2018, 02:59 PM

The following is CAG's Quarterly Activities Report - all ONE page of it wacko.gif and CAG has a MC of $183.2m

QUOTE
Appendix 4C – Quarter ended 30 June 2018
The Directors of Cape Range Limited (the Company) present the Company’s quarterly reportfor the 3 months ended 30 June 2018 (Appendix 4C).
Biztrak Online
Biztrak Cloud Accounting phase one has been completed and the Company is moving towards the launch of this proprietary accounting software.
Expanding Biztrak's windows-based software applications to cloud-based services (Biztrak Online) will allow the Company to shift gears from a Software as a Product model to a
Software as a Service (SaaS) model, where subscription fees replace licensing fees.

The new Biztrak Online software is designed to facilitate international scaling of the Company’s operations by offering real time access to current financial and business
information for individuals and businesses from any access point around the globe.

Specifically, Biztrak Online offers:
 24/7 access to financial information from any device with an internet connection;
 real time financial information;
 all data being securely encrypted at source and saved to the cloud;
 no upfront costs; and
 maintenance free, with software that is constantly updated.

Biztrak Online’s intrinsic appeal to users stems from inbuilt functionality, including:
 Branch Accounting, allowing automatic synchronisation of financial information between branches and head office, ensuring global data fidelity at all times; and
 E-Bridge middleware which facilitates electronic data interchange in multiple formats, providing seamless and automated integration without cross-translation and
manual data entry conversion. Providing maximum efficiency and cost minimalisation.

As a consequence of the attainment of the Phase 1 deliverables and in conformity with the terms and conditions specified in the Company’s Prospectus dated 21 September 2017, on
10 July 2018 the Company issued 10,000,000 fully paid ordinary shares (Shares) pursuant to the conversion of 10,000,000 Performance Rights.

As a consequence of the conversion of the Performance Rights, 8,000,000 Shares were issued to the Company’s controlling shareholder iFree Group (International) Limited (iFree). iFreenow holds 41.84% of the Company’s issued Shares.


The other 2 mil were issued to Ong Rui Yuan (1.5mil) and Ong Geok Moi (500k) as per Prospectus.

So on the 10 July 2018 when these Performance Rights were issued the SP was 28c and now its $2.19 - nice earn, that is if the SP doesn't crash

QUOTE
The Consideration Offer consists of the issue of 30,000,000 Shares and 30,000,000 Performance Rights to iFree Group (International) Limited, Ong Rui Yuan and Ong Geok Moi in consideration for the acquisition by the Company of all the Biztrak Shares. Accordingly, only iFree Group (International) Limited, Ong Rui Yuan and Ong Geok Moi may accept the Consideration Offer. Set out below is the number of Securities to be issued to each of the Biztrak Shareholders under the Consideration Offer: Party Shares Class A Performance Right Class B Performance Right
Ong Rui Yuan 4,500,000 1,500,000 3,000,000
Ong Geok Moi 1,500,000 500,000 1,000,000
iFree Group (International) Limited 24,000,000 8,000,000 16,000,000
TOTAL 30,000,000 10,000,000 20,000,000


CAG's chairman, Wayne Johnson , has a relationship with the Lead Manager in the CR - Novus Capital
QUOTE
The Company has agreed to pay Novus the following in respect of its role as lead manager to the Public Offer:
(a) a sponsoring broker fee and lead manager’s fee of $25,000 (plus GST) upon the successful admission of the Company to the Official List;
(b) a monthly payment of $5,000 (plus GST) until completion of the Public Offer or a maximum of 3 months, unless otherwise agreed by the Company and Novus;
© a brokerage fee of 5% (plus GST) of the total amount raised pursuant to the Public Offer by Novus and brokers engaged by Novus and the Company (with Novus’ consent);
(d) a management fee of 1% (plus GST) of the total amount raised pursuant to the Public Offer; and
(e) a corporate performance success fee of 500,000 Shares on the successful completion of the Public Offer on the basis that the Minimum Subscription is raised, which shall increase to a maximum of 750,000 Shares on a pro-rata basis if the Maximum Subscription is raised;

Novus will also have the first right of refusal to act as lead manager, financial advisor, sponsoring broker and or possible conditional underwriter in respect of any capital raising conducted by the Company or its subsidiaries within a period of 24 months following the Company’s successful admission to the Official List. In addition to the above fees payable to Novus, the Company reserves the right to issue up to an additional 1,000,000 Shares to other brokers that assist with raising funds under the Public Offer. Noblemen Ventures Pty Limited, a company of which Wayne Johnson is a director, is licensed under the Novus Capital Limited AFSL to carry out the provision of financial services. Mr Johnson and Noblemen Ventures Pty Limited will not be apportioned any fees payable by the Company to Novus Capital Limited in consideration for them acting as lead manager to the Public Offe


http://www.novuscapital.com.au/index.php?o...&Itemid=110
https://caperange.com.au/operations/about-cape-range/
http://www.biztrak.com/About_BIZTRAK/
http://www.ifreegroup.com/#/about

Mr Michael Higginson– Non-executive Director of CAG - is also on the board of SportsHero - SHO (formerly Nevada Ion Ltd NVI) which also operates out of Lota, Queensland address
https://stockhead.com.au/tech/sportshero-wa...cryptocurrency/
His background
Mr. Michael Higginson, also known as Mike, B.Bus Finance & Administration, has been Company Secretary of Cape Range Limited since March 4, 2010. Mr. Higginson serves as Company Secretary at SportsHero Limited. He has been Company Secretary at migme Limited since June 12, 2016. He served as a Company Secretary and Chief Financial Officer of Nevada Iron Limited since June 12, 2009. He serves as a Company Secretary of Huntsman Resources Limited. He served as Company Secretary at Latin Gold Limited since June 12, 2009. He served as Secretary of 88 Energy Limited (Tangiers Petroleum Limited) from June 12, 2009 to November 11, 2010. He served as Company Secretary of Woomera Mining Limited (formerly, Ausroc Metals Limited). Mr. Higginson has over 20 years expertise in public company administration, corporate finance, corporate governance, corporate law, capital raisings, ASX Listing Rules and company secretarial duties. He has been the Principal of his own corporate consulting practice for 22 years. He served as Company Secretary of Catalyst Metals Limited from June 8, 2007 to August 1, 2007. He served as Company Secretary of Uranium King Pty Ltd (Uranium King Limited) from June 13, 2007 to July 25, 2008. He served as Company Secretary of Comet Resources Limited and Grove Energy Limited. He served as an Executive Officer with Australian Securities Exchange. He has been the Chairman of SportsHero Limited since June 29, 2017. Mr. Higginson has been a Non-Executive Director of Cape Range Limited since June 16, 2011. He served as a Director of Omet Resources, Australia. He served as a Non Executive Director of Magna Mining NL from July 14, 2008 to September 23, 2008. He served as Director at Nevada Iron Limited since June 21, 2016. He served as a Director of FT8 plc (Ezybonds (UK) PLC) until November 1, 2006. He served as Non-Executive Director of Latin Gold Limited since August 31, 2011. He was an integral part of the team involved in the exploration, feasibility study and early development of $3 billion Ravensthorpe Nickel Project. Mr. Higginson holds Bachelor of Business degree with majors in Finance and Administration.
Corporate Headquarters
29 Brookside Place
Lota, Queensland 4179


Australia
Phone: 61 7 3901 0751
Fax: 61 7 3901 0751

Board Members Memberships
2016-Present
Chairman & Company Secretary
SportsHero Limited
Education
There is no Education data available.
Other Affiliations
Grove Energy Limited
Cape Range Limited, Prior to Reverse Merger with Biztrak Business Solutions Sdn. Bhd.
Comet Resources Limited
Magna Mining N.L.
Latin Gold Limited
FT8 plc
88 Energy Limited
Ausroc Metals Limited
Catalyst Metals Limited
Uranium King Pty Ltd
migme Limited
Nevada Iron Limited
Huntsman Resources Limited



--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington

Said 'Thanks' for this post: User  
 


blacksheep
post Posted: Jul 31 2018, 02:59 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jul 31 2018, 02:24 PM

ASX not convinced? Suspension from Official Quotation - continued

QUOTE
Description
ASX Limited announced on Monday 30 July 2018 that the securities of Cape Range Limited (the ‘Company’)
were suspended from official quotation in accordance with Listing Rule 17.3 pending the response to ASX
queries.

The Company’s securities will continue to remain suspended in accordance with listing rule 17.3, pending
further queries by ASX.


Listing Rule 17.3 details can be found here - https://www.asx.com.au/documents/rules/Chapter17.pdf







--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jul 31 2018, 02:24 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jul 30 2018, 11:05 PM

CAG's response - lots of speculation rolleyes.gif

Is there any other explanation that CAG may have for the recent trading in its securities?

QUOTE
The Directors consider that CAG may be receiving increased exposure due to the activities of its
major shareholder, iFree Group (International) Limited (iFree), which holds 41.84% of CAG’s
issued voting shares.

iFree is headquartered in Hong Kong and has offices in USA, Europe, Australia, UAE and Asia,
with offices opening in several African and Middle East countries. CAG is aware that iFree has
recently indicated that it is expanding its global footprint, including in Australia. CAG is aware
that iFree has included references to its majority shareholding in CAG in its promotional material.
Increased exposure of iFree’s interest in CAG may have resulted in investors speculating in CAG
as iFree promotes its increasing global footprint, which may have resulted in increased demand
in CAG shares resulting in increases in CAG’s share price. Exposure from recent share price
movement may also have caused additional speculation from investors involved in day-trading
and other similar activities.

CAG is a stock that has been relatively thinly traded prior to July 2018, with limited shares on
offer for sale on-market. As a result, a relatively low volume of trading (comparative to CAG’s
total issued capital) has caused share price movement. In this regard, the maximum daily
volume of shares transacted on-market since 1 July 2018 was 1,503,775 shares (approximately
1.8% of CAG’s issued shares and 4.3% of CAG shares not subject to escrow restrictions).

CAG is not otherwise able to explain the recent trading in its securities




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jul 30 2018, 11:05 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jul 23 2018, 03:20 PM

About time ASX asked some further (this is the 3rd "please explain) questions - this stock has been going up daily 30- odd percent on little news - something doesn't smell quite right here.

Cape Range Limited – Suspension from Official Quotation
QUOTE
Description
The securities of Cape Range Limited (the ‘Company’) will be suspended from quotation immediately, in
accordance with Listing Rule 17.3, pending a response to queries from ASX
.

Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
blacksheep
post Posted: Jul 23 2018, 03:20 PM
  Quote Post


Posts: 6,217
Thanks: 2204


In Reply To: blacksheep's post @ Jul 16 2018, 04:29 PM

My former dot.com failure is up another 72.22% on no news - other than response to speeding ticket, in which they indicated

QUOTE
The Directors became aware today that Morning Star published a report (not commissioned by CAG) which was dated 21 July 2018.


They also received a speeding ticket on 16 July - in which they said "I know nothing"
Attached thumbnail(s)
Attached Image


 




--------------------
The herd instinct among forecasters makes sheep look like independent thinkers. Edgar Fiedler

If the freedom of speech is taken away then dumb and silent we may be led, like sheep to the slaughter. George Washington
 
 


14 Pages (Click to Jump) V   1 2 3 4 > » 

Back To Top Of Page
Reply to this topic


You agree through the use of ShareCafe, that you understand and accept the TERMS OF USE.


TERMS OF USE  -  CONTACT ADMIN  -  ADVERTISING