AUL 0.00% 28.5¢ austar gold limited

Corporate Acquisition and Capital Raising, page-9

  1. 1,156 Posts.
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    Fakey, even if they get it at a "good price"(whatever that is), will it really be a good price when they have to issue more stock at 0.03c or less creating massive dilution to existing holders?
    Well, as most speculated we know why they wanted to do the 100:1 consol even though management denied there was going to be a cap raise
 
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