I may be selling earlier than I had planned based on gut-feeling.
G'Day Bond-That a decision is entirely yours -i won't personally inform the market
that i may sell when i eventually decide for whatever the reason ,
i would just do it.
Each to there own though
Regarding a potential C.R.-as i said imo a C.R with out increased gold sales
would have very likely already have been announced, just my opinion based on
cash burn rate, exploration expenditure & funds available at the end of last Quarter
-taking into account 4-6 weeks between announcement & funds raised to flow
through.
Never said a C.R would not be announced, it still could be though imo due to
the above it becomes less likely from this point in time due to the increased
likely hood of gold sales revenue has/ is reducing the need unless the reasoning is compelling -in that scenario i would hope the share price is well north of its current
s/p.
its ok to have a different opinion Bond-if you feel the need to sell-then sell,
good luck to ya regardless.
salt
- Forums
- ASX - By Stock
- 4.3 cents and dropping
I may be selling earlier than I had planned based on...
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add OGX (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online