1. Financially we are in good shape..
above is a small snippet of the quarterly clearly detailing the company's position and intentions.
$1,700,000m is the sort of money most companies are trying to raise we have it already in our bank account..
With an already completed drilling program awaiting results this amount of money will keep us going for a long time and also cover any future planned drilling.. don't forget we have just completed a 1.2 million dollar capital raise plus another half a million dollars in payments from separation from other projects..
2. I don't really understand your comment on the IPO in regards to DDD shares and dilution..
The Cosmo IPO is a stand alone and will have no effect on DDD shares, It requires NO funding from DDD. All liabilities and funding are taken from the IPO.. in fact DDD will receive funds from the transaction.
Also not only will there be no dilution of DDD shares in fact shareholders will gain equity within this new mining project..
Very exciting company to be in Rite now.
- Forums
- ASX - By Stock
- ADG
- Ann: Quarterly Cashflow Report
Ann: Quarterly Cashflow Report, page-12
-
- There are more pages in this discussion • 6 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 ADG (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $4.471M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $23 | 5.849K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
35 | 24920857 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 4411401 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
35 | 24920857 | 0.004 |
30 | 33618353 | 0.003 |
9 | 43320000 | 0.002 |
10 | 80805000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 4411401 | 9 |
0.006 | 7919557 | 11 |
0.007 | 7561634 | 11 |
0.008 | 4022339 | 8 |
0.009 | 1961111 | 4 |
Last trade - 10.00am 24/07/2024 (20 minute delay) ? |
Featured News
ADG (ASX) Chart |
The Watchlist
1CG
ONE CLICK GROUP LIMITED
Mark Waller, MD
Mark Waller
MD
Previous Video
Next Video
SPONSORED BY The Market Online