AVE 20.0% 0.3¢ avecho biotechnology limited

cash position/capital raising likely?, page-16

  1. 3,268 Posts.
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    dougal, Yes by Q1 end, all will be revealed.

    If there is some sort of CR, I would want in.

    Another stock i am in, coy was on the ropes cash wise, announced a CR (bummer - but badly needed for the immediate months), SP dropped a little, then a couple of days later, the company released a kick-ass annoucement, SP pratically doubled. Coy is now cashed up and positive, and unlikely to require another CR for at least 2 years by which time their current business plan would be fully executed.

    CRs for quick sort term cash, is not always bad. Just need to see what comes after them.

    I would hate to see that POH makes a cheap deal just to stay afloat when a quick CR would see them through until the deal(s) are/is done.

    But i am just rambling now.
    SUDs
 
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