In short, its tinkering around the edges, if they can't turn this around and start making profits every month, this current CR may stretch out 6 months max. I can't, in all honesty, accept an announcement that states "Positive net cash flow for the month" and nothing else. only a full and transparent reconciliation of accounts would be acceptable. I gave my view on a CR several days before the suspension was lifted , That was, $10 million raising, @ 10c/ share, 100 million shares, the dilution would have still been minimal= 140mil SOI which is small compared to peers. I wasn't the only one of this view, that being said, I certainly hope this works out for everybody.
AUL Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held