ATQ 0.00% 43.0¢ atomic resources limited

Ann: Acquisition of coal exploration areas , page-4

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  1. 8,422 Posts.
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    Hi Wizard, I am well aware of the area in which they are looking. I guess it just feels like the recent capital raising ( that's still underway ) isn't going to last long. The funds raised I mean.

    It feels like before iknow it, there will be millions more shares on issue and my holding will be diluted to all buggery.
    I can see that GR is trying to steer this company away from being a one hit wonder though and that's good, guess I'm just nervous about the spending and a bit distrustful of company directors and CEO's ( I do work for Tyco after all and I can't say what I think of them without getting my post moderated :)

    It's a shame the sp is lagging behind the current spp and I feel it's being supported at this level. Perhaps once this is overwith the share price might rise.
    Is anyone here taking up the SPP?
 
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