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2.3¢ krucible metals limited

Thanks Coal and gas. I was never lucky at punting. NB the...

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JamesExpat2

897 Posts.

94

22/06/15

21:22

Post #: 15510765
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Originally posted by Coal and gas ↑

I agree JamesExpat2.

My calculation cannot be unknown to them. My worry was that they know this true financial figure, and will use it as an excuse to not pay the promised dividend after all. So I got out.

And the dilution to buy Torrington and then a capital raising dilution later as you predict will be too much. Branch raised close to $14 with only a 20m share dilution by comparison, which in retrospect was pretty cheap.

I still hope you get your renovations budget though.

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Thanks Coal and gas.
I was never lucky at punting.
NB the renovations are already underway for better or worse.

KRB Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
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