FAS 0.00% 0.4¢ fairstar resources limited

(Imminent) You cannot be trading insolvent if your releasing 3...

  1. 2,902 Posts.
    lightbulb Created with Sketch. 69
    (Imminent) You cannot be trading insolvent if your releasing 3 bs and diluting the company to keep the cash flow burn.BUT how far do you dilute the Company.I can remember when i sold my shares i was reminded that i was diluting shareholders wealth.Well how things have changed.That was 4 years ago about the same time 2 dollars in the next twelve months was mentioned.Well we are a little way of that, but anyway i ended up buying myself a new car from a very nice Car salesman anyway, who promised me that if this car was to break down he would send me a free Mexican rabbit in hat. Do you believe that.Theres no Mexcican rabbits in Australia is there?

    ANYWAY have a great ANZAC DAY all. Especially to those returned soldiers who thought for our country.
 
watchlist Created with Sketch. Add FAS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.