RED 7.78% 41.5¢ red 5 limited

for those worried about not getting a full 30k at 13.5 cents...

  1. 405 Posts.
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    for those worried about not getting a full 30k at 13.5 cents with the SPP, do not worry. I would not be surprised if you were not able to pick them up at 12.5 cents or lower. How could anyone trust this management. they have pissed away the money from Sienna and the last capital raise, approximately $170 million with very little to show for it. Massive dilution with these two capital raises, both at rock bottom prices as is the norm for this board.

    they can say what they like in terms of AISC guidance being within the limits
    , but they will come up with some excuse to blame for a blowout well above $1950.
    They will also never report the AIC as shareholders will realise that their up shite creek without a paddle.

    Where is Mistragic to put his/her positive spin on this announcement. Why is he/she not espousing the business acumen of the board.
 
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