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Ann: Kada Gold Project Acquisition Update, page-10

  1. punter45
    8,028 Posts.
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    24/11/20
    22:53
    Post #: 49116418
    lmao

    holding sp down for acquisition? Which shareholder in their right mind will do that? Lower the sp more dilution by issuing heaps more shares

    For kada at 1c 350mill .005c 700 mill

    and cap raise for drilling will be similar amount issued

    how will a company with very piss poor track record will release its sp shackles with possible 3-4 billion shares on issue ?

    sp at 2c 175 mill for kada

    very poor ramping
    GMR Price at posting: 1.1¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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