ROS 0.00% 35.0¢ red october resources limited

Ann: Quarterly Activities and Cashflow Report , page-4

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  1. 1,771 Posts.
    A capital raising will only work if the company has a 'story' to tell and an opportunity to take advantage of. if it's just to prop up a shell company, no one is going to put money in.

    Another strategy that i've seen happen is the company stays suspended until their is another opportunity or reverse takeover arises, existing shareholders are diluted into another company and then renamed/refloated.

    All will be revealed in time...

    DYOR
 
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