I'll speculate about the consolidation.. Original plan was to consolidate and raise again based on positive news and better financials. They approached CPS or whoever with the idea and were told no way - we only raised 2 months ago, it was woefully undersubscribed and being underwritten it wouldn't be too good for CPS's balance sheet. Don't bite the hand that feeds you in other words.
- Forums
- ASX - By Stock
- SYT
- Ann: Results of Meeting
Ann: Results of Meeting, page-8
-
- There are more pages in this discussion • 5 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 SYT (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online