Hi Sam
He mentioned it because he should have. VA is a possibility failing alternative access to capital - whether by a bridging loan or additional dilution, the latter which would be a hard-sell given it is going offshore. They also signalled to the market that they MAY need funding in the amount of 30m. As stated this is a high risk/reward play at 20mMC, and now that the federal funding has hit the account there is additional wiggle room there.
We all live and die by our nerve with these types of investments. I wish you well, and I hope for my investment this plays out more positive than negative.
- Forums
- ASX - By Stock
- CBR
- Ann: Investor webcast and presentation
Ann: Investor webcast and presentation, page-10
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)