sachz, are you really suggesting the Co is going to issue a further 120m shares in its "next round of funding".
At today's close of 30.5c, what the hell do they need $36m dollars for at this stage? The current drill campaign is more or less fully funded with the $4m they still have and if it progresses to BFS before being taken-over like AKI was then they might need $10m tops.
- Forums
- ASX - By Stock
- EIO
- next leg up?
next leg up?, page-23
-
- There are more pages in this discussion • 19 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 EIO (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online