SO4 salt lake potash limited

The price will go to 35c on resumption anyway. If you want more...

  1. 5,484 Posts.
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    The price will go to 35c on resumption anyway. If you want more shares, grab them then.

    Personally I see this as an admission by the company that they have no chance of getting retail investors on board, especially as they tapped us for 40c not that long back. I'm also pleased to see that the directors are being required to take some more exposure to the quality of their operation. The placement gets a thumbs-up from me for the way it's being structured.

    But the leverage and the interest rates are making me spew my guts up! Definitely, absolutely a thumbs down for that part of it!

 
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