1. cash is needed to fund administration costs, exploration costs etc no ? or do they just fund it with equity which creates more shares which puts downward pressure on the shareprice and drives it lower ?
2. correct no profit and u can only issue so many shares before u hit 0c a share ? then u cant raise anymore
4. discounted and diutivet capital raisings if there is no cash to fund he company
so realy volunatry administration or a takeover using scrip at some point will prolong but not hold off RRS going broke
These logical points will upset some but i call it as i see it so counter please with some counter points to dismiss - prove me wrong the challange is out
- Forums
- ASX - By Stock
- ann out
1. cash is needed to fund administration costs, exploration...
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RRS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online