AUO can't raise any more money through its bankers to finance the $19 projected loss.
That means they will have to get an equity partner on board.
That equity partner will smell blood, and only offer (say)30 cents a share.
When this happens 30cents will become the new market price.
Bombs away!
AUO
austral coal limited
why would you touch this crap stock???, page-8
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