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clock Created with Sketch. 06/06/22
17:06
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Originally posted by Aqua65:
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**Tritton alone is worth at least $500 million. (CSA sold for $1.5 billion aud ) Huge potentials in the region - RoundOak was not really managing much there in recent years, but to be fair there were tough years of low prices then flood and covid. They just only had Mt Colin going. good management —right at a time when a lot of new cooperation in the area is likely to occur.synergies. **
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Aqua, your post points to the issue that annoys me though in this dilutive capital raise. They have no debt. They have good cashflow and nearly 80M in cash. What is wrong with borrowing to buy round oak and using existing cash rather than a ridiculous capital raise that sees the register blow out to 4bn shares and dilutes us all.
(20min delay)