out of the blue indeed. I was told by Kev as recent as last month, when quizzed about the prospect of a capital raising, that "not a chance, unless there was a serious deterioration in the business"...
Well, well, looks like business ain't so rosy after all, despite the recent update. You'd think with an expected NPAT of ~$40million they'd be generating enough cash to cover the stated expenses... but alas, I suspect something might be awry about the way they keep their books.
Anyway, they've now lost my confidence and trust.
- Forums
- ASX - By Stock
- CSV
- equity raising
equity raising, page-2
-
- There are more pages in this discussion • 18 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 CSV (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non--Executive Director
Simon Kidston
Non--Executive Director
SPONSORED BY The Market Online