CRN 4.94% $1.38 coronado global resources inc.

Ann: Quarterly Activities Report, page-53

  1. 10,595 Posts.
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    So a 'shelf registration statement' gives notice of intent to issue shares and is valid for three years if all the shares in that statement haven't been issued - I haven't checked to see what the case is here.
    Otherwise they have to lodge a 'registration statement' (with no notice) before proceeding with a share issue.
    It will be abysmal if they've waited until the share price has sunk to this level before doing an issue - it should have been done at least three months ago if it was to be needed. They do not have a good record of handling their finances properly.
    Sorry I can't be more helpful.
 
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