KRR 5.88% 0.9¢ king river resources limited

Ann: Half Year Accounts, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,239 Posts.
    lightbulb Created with Sketch. 196
    Much as I have enjoyed the ride with this Company, I am out as of today.

    Having gone through the half year accounts and noting the 5 placements totalling 302Million shares within 4 months, coupled with news on page 12, that the Group will require further funding during the next 12 months to meet day to day obligations as they fall due and to progress it's exploration projects, has got me a little concerned. I had hoped the option conversions would have sufficed but looks like a cap raise may be required before then.
    Starting to feel as though this is a serious pump followed by the cap raise.

    Hope I am wrong especially for all the newbies who have bought in at the top

    AIMOHO but Please DYOR
    GLTAH
 
watchlist Created with Sketch. Add KRR (ASX) to my watchlist
(20min delay)
Last
0.9¢
Change
0.001(5.88%)
Mkt cap ! $12.98M
Open High Low Value Volume
0.9¢ 0.9¢ 0.9¢ $4.985K 553.8K

Buyers (Bids)

No. Vol. Price($)
20 31094339 0.8¢
 

Sellers (Offers)

Price($) Vol. No.
0.9¢ 691372 2
View Market Depth
Last trade - 13.02pm 11/10/2024 (20 minute delay) ?
KRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.