RWD
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7.14% 6.0¢ reward minerals ltd

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-15

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  1. boomeronrations
    6,813 Posts.
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    02/05/24
    09:35
    Post #: 73622902
    I also think they will keep things tight.
    But , assuming that they have been running things tight up until now , and it would seem that they have been , at least another million [ about a years cash burn] would seem necessary , plus whatever extra might be needed for '' potential acquisitions'' .
    That approximates to 2 for 9 @2c assuming 100% takeup.
    Perhaps one explanation for the share price weakness.


    RWD Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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