Ann: Trading Halt, page-19

First 19 Last

Share
Profile

Follow
Chill

3,058 Posts.

152

14/12/17

21:30

Post #: 29642618
Share

Originally posted by kyngdominion ↑

Interesting view and not to be discounted and why because:
If there was a term in the funding unknown to all that Pacific Road would only proceed on a successful share holder rights issue - Well to extend the closing time and a very positive announcement Monday that the funding is signed sealed and delivered would send the share price up over 0.12c easily and would guarantee a very successful placement - this would be better than any high grade Au announcement in the past and maybe a risk PR is willing to take after all the Due Diligence completed to date.
The alternative is:
https://hotcopper.com.au/threads/ann-new-funding-package.3863195/page-24?post_id=29320340

So its came down to RED or BLACK - Which it really always was

Now as a trader the volume will be high on open - if a successful funding announcement is released - I reckon I could pick up 500k at 0.14c -016c before 11am however if VA is announced well I will go out for another coffee.No good luck to holders that view posts on HC as the risks have been well known for some time however happy trading

Expand

I can’t imagine VA Monday as they are not insolvent.....yet. Debts are not due and payable by “Monday” so I’d say they’re safe in that regard. It may ultimately be delaying the inevitable, but not Monday for VA as I see it.

BLK Price at posting: 10.5¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

EXR

Elixir winds up QLD operations with five of six zones flowing gas – but shares plummet -50%

LMS

Litchfield boosts its copper, base and precious metals footprint in the NT with acquisitions

RCE

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

DRO

Droneshield shares move up on $13.5M US govt contract

WAF

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

There are more pages in this discussion • 36 more messages in this thread...

First 19 Last

Add WMC (ASX) to my watchlist

Ann: Trading Halt, page-19

Top Stories

Elixir winds up QLD operations with five of six zones flowing gas – but shares plummet -50%

Litchfield boosts its copper, base and precious metals footprint in the NT with acquisitions

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

Droneshield shares move up on $13.5M US govt contract

West African Res jumps on claim mine safe under Burkina Faso's junta; HotCopper ponders Russia

Featured News