SHE 25.0% 1.0¢ stonehorse energy limited

keeping it simplecash at end of quarter was ….$5,656,000Current...

  1. 7,433 Posts.
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    keeping it simple

    cash at end of quarter was ….$5,656,000
    Current BKR (12) ….,.,.,,,…… $540,000
    Proton loan……………………..$414,000

    total…………………$6,610.000

    mc………………….$6,159,916

    so SHE $450,000 below cash backing ( and all the assets and income that we know is there would seem to count for zip to who ever is selling)



    Would seem to me that there is 1 of 3 things happening

    1 . Ripe for outright takover

    2 . It is being accumulated

    3 . Someone is unwinding their position and have been for some time ( they just want out)

    Last edited by Wazdan: 30/05/24
 
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