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Not good. HC won't let us mention the other mob, but their stops...

  1. Moneytree
    3,935 Posts.
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    26/04/12
    13:22
    Post #: 10035157
    Not good.
    HC won't let us mention the other mob, but their stops must be close now so expecting further selling pressure.
    The cash burn rate will need a top up by the end of June12 and with no production in site there could be quite a bit more dilution.
    I think the reports on this company were over rated.
    Still I watch but early days yet for me.
    Cheers all,
    GMR Price at posting: 15.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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