Wow, kicking goals - they milked the cash jar down to $10,000 at the end of the quarter (latest raise excluded) - that's extremely efficient accounting.
"The Company will continue to fund its working capital requirements on an ongoing basis, via a combination of equity and/or debt raisings and/or the sale of existing investments. "
My Opinion Translation - " Don't worry ASX, we'll just keep raising money as fast as we spend it, and if we keep selling all our dud investments then we can remain liquid..."
Congratulations CHP team - one things for sure, consistency is the key....
Cheers,
Disco.
- Forums
- ASX - By Stock
- CHP
- Ann: Appendix 4C - quarterly
Ann: Appendix 4C - quarterly, page-3
-
- There are more pages in this discussion • 21 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 CHP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, Managing Director & CEO
Charles Armstrong
Managing Director & CEO
SPONSORED BY The Market Online