You remember what I said 3 years ago?
Geez mate, time to move on isn't it?
Sounds like a stalker, not being able to let go of the past?
A grudge to bear?
A point to prove?
They have $200m in debt finance with two of Africas largest banks
They raised $20m in equity and needed shareholder approval for the other $30m at 60c but Covid hit and that killed off the second tranche
Regardless of the past, I like to look to the future TopKlopp
I know you are being a smart arse and it's pretty funny for you but this is serious to me mate
I have a never say die attitude
I do not and will not ever give up, especially when a company holds an asset as good as this
Easy for you to joke and criticize as the stock goes down and you look like a hero
But I've used the stupid selling by JPM as an advantage and now have a bigger position in the company than I've ever had before ... It's +6 million shares now my friend ... and we are going large on this one
So, in answer to your question ... I'd say funding is a work in progress
I'd also say the cash burn in this company has been shocking and at some stage soon, they'll need a fresh injection
I mean the CEO on $625,000 per annum during Covid and then a fresh set of free shares and options last week for reasons still not known to shareholders?
What a disgrace
So mate, whilst it's quite humorous to read your posts from time to time ridiculing everyone, have you got anything meaningful to contribute to the discussion?
- Forums
- ASX - By Stock
- Ann: Issue of Shares & Options, PDMR transactions, Appendix 2A
You remember what I said 3 years ago? Geez mate, time to move on...
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