CTS contact uranium limited

announcement placement arranged, page-2

  1. 605 Posts.
    Yes, 26mil shares at 11c. Dreadful dilution at this price, and a poor decision. Out of all the options available to raise cash, a cap raising during these times should be last on the list. I pity the poor sods who coughed up 50c share 6 months back during the last raising. It's a kick in the guts for all shareholders.
 
watchlist Created with Sketch. Add CTS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.