CUL
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20.0% 0.6¢ cullen resources limited

Capital Raising?

  1. rishiketkar
    67 Posts.
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    05/02/15
    10:22
    Post #: 14701603
    Cash in the kitty of $638k is less than enough to meet one quarters expenses which at the current run rate are around $750k/qtr. We are 5 weeks down since last quarters report.

    IMHO a $1mn CR might be due by Valentines !! Say ~15% dilution effect

    DYOR and Your thoughts wonderful people.
    CUL Price at posting: 0.6¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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0.001(20.0%) 		Mkt cap ! $4.160M
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