AYN 0.00% 0.1¢ alcyone resources ltd

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  1. 2,882 Posts.
    Not as certain as the next JORC upgrade coming this November that's for sure. A cap raising is speculative. No one, not even the company themselves have ruled in a cap raising at this point in time. As I said in a previous post, last time a cap raising followed a JORC announcement. I didn't mean there would be a cap raising.

    Sometimes cap raisings can be gifts to loyal holders if the discount is right. But that doesn't mean there will be an cap raising. I actually have benefited from them and am in another stock right now where the stock is now 30c above the cap raising point. It brings certainty of a further leg up.

    Newminer.
 
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