"Baraka and New York Securities have been continuously approached by numerous London & New York based funds to get involved"
If this in fact the case, then any Director with half an ounce of commercial acumen in his head would welcome such an investment, raise the capital required at 0.007 or 0.008c a share, strengthen the register, decrease the dilution, save on the costs of issuing the prospectus and prevent every Tom , Dick and Harry retail investor from tossing out his extra shares at 0.006 as soon as he is able
Oh...but hold on a minute....If it was done this way, NY Securities would not earn their 6% fee on the amount raised in the shortfall...silly me.And here I was thinking that it was being done this way because BKP's management are so concerned, as they say, with rewarding us shareholders for our ongoing loyalty.
And, as Rob says, if there wasn't such an outrageous and farcical use of BKP's funds in the way of secured ( already in default) and unsecured loans, BKP wouldn't have to raise this amount of capital in the first place.
I am in this stock for one reason...Statoil. If not for them, I wouldn't be within a continent of this mob
- Forums
- ASX - By Stock
- CND
- prospectus
prospectus, page-17
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CND (ASX) to my watchlist
|
|||||
Last
3.6¢ |
Change
-0.001(2.70%) |
Mkt cap ! $20.80M |
Open | High | Low | Value | Volume |
3.7¢ | 3.7¢ | 3.6¢ | $8.46K | 229.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1085280 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.8¢ | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1085280 | 0.035 |
1 | 80000 | 0.034 |
4 | 703015 | 0.033 |
4 | 2803890 | 0.032 |
5 | 1724398 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 100000 | 1 |
0.040 | 9876 | 1 |
0.041 | 309578 | 1 |
0.042 | 238809 | 1 |
0.045 | 148333 | 3 |
Last trade - 13.36pm 12/07/2024 (20 minute delay) ? |
Featured News
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
RNU
Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some
CND (ASX) Chart |