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0.5¢ atrum coal limited

Ann: Entitlement Offer Results & Shortfall Notification, page-7

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Winenut

3,117 Posts.

778

03/05/18

12:12

Post #: 32856226
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Originally posted by KSD ↑

there is going to be no slow climb out of this hole this time round - they have done their fundraising to keep the big dogs employed through this exploration/drilling season, it really is sink or swim now. Lack of any material progress this year will be it, i doubt they'd get another raising away. There is a small chance of misguided hope they'll actually make some progress, and in which case, it will simply jump from 8c to some other multiple. It will only raise on positive announcements, pretty binary really. Someone clearly wants out at the moment, might be some tax selling which no doubt we'll see a lot more of the next couple months, but, i'd be preparing yourself for this to also fall over. Anyways, in 6 months or less we'll know either way i'd guess.

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Totally agree

If this thing doesn't turn this year it will be all over red rover.

Given the lack of support on the recent offer it is very unlikely they will be able to raise any cash if required in the future.

Done my absolute balls on this stock.....nightmare

ATU Price at posting: 8.1¢ Sentiment: None Disclosure: Held
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