GAU great australian resources limited

raising...., page-2

  1. 10,902 Posts.
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    Ultra

    I heard from a broker friend that they were looking to do a raising at around 40. Obviously at current levels they can't do this........

    The last time they did a raising they did it at 15 while the GAU share price was about 11 or 12. It did nothing for a while but as you can see it has traded above 15 for quite some time. Some heavy hitters are involved who clearly have some confidence in GAU's projects.

    I say stay tuned. It cannot stay at these levels.
 
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