CHR charger metals nl
Add to My Watchlist 7.14% ! 4.5¢

Ann: Prospectus, page-19

  1. WhatsTheTip
    3,707 Posts.
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    23/10/24
    14:41
    Post #: 76263609
    They may not "need" the cash to buy out Bynoe but they appear to have raised the cash to do that, perhaps so that the runway for director salaries is longer?

    What's your alternative explanation for putting $500k in the use of funds next to "Potential acquisitions of further interests and/or new projects".
    https://hotcopper.com.au/data/attachments/6554/6554723-d7853e9b3b54e6cd30b0fc67f8f5dee7.jpg

    CHR Price at posting: 7.2¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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