HGO 1.89% 5.4¢ hillgrove resources limited

Ann: Capital Raising Presentation, page-90

  1. 1,254 Posts.
    lightbulb Created with Sketch. 105
    Hi Benz, for what it's worth, Imo, another consolidation would be a terrible idea and should only be considered on a firmly rising SP.
    If it happens with no real change in the company's standing /fortunes, it will bring no more than a new floor to allow for further falls and devaluation.
    In my observation this is a sure path to penny dreadful status.
 
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