AUL 0.00% 28.5¢ austar gold limited

In short, its tinkering around the edges, if they can't turn...

  1. 1,246 Posts.
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    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.
 
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