AUO austral coal limited

why would you touch this crap stock???, page-8

  1. tootils
    261 Posts.
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    15/12/04
    09:16
    Post #: 716297
    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 Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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