IRD 0.00% 7.8¢ iron road limited

re: Ann: Fully Underwritten Capital Raising t... You'd expect...

  1. 420 Posts.
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    re: Ann: Fully Underwritten Capital Raising t... You'd expect very few retail investors to participate, leaving Sentinent to pick up the shortfall. That then leaves them as by far the largest shareholder. They could easily take it over. Just disclosing I want this project to happen, but I find its end game very confusing.

    Sentient cant develope this by themselves, $1.7b in today's climate just isn't going to happen. Yet they continue pouring money in? Do they know something? Or is this a case of the point of no return for them (invested too much that they can't back out now and lose everything?)

    Very little broker coverage of the stock and almost no chat on HC. It seems the only ones interested in IRD are sentient...
 
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