Been waiting for this. There was no way the ASX was going to let that last QTRly go unnoticed.
Honestly, I'm not sure how to take this. It could be taken very positively, as there is significant mention of revenue streams in the short/medium term. However, the obvious counter is what, where and how is the stated capital going to come in, when the last CR failed.
IMO, even if more shares are issued at say .5-7c, I don't think we will see any decline in the SP, as we DO have the Brazilian contract, and TV2 is again suggesting the PNG contract is momentary.
This could be the first stepping stone to the next run. However, it may take a while before we see the next stones laid.
- Forums
- ASX - By Stock
- Ann: Response to ASX Appendix 4C Query
Been waiting for this. There was no way the ASX was going to let...
-
-
- There are more pages in this discussion • 181 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
FWD
Queensland's housing crisis an opportunity for ASX builder Fleetwood – and taxpayer cash a safe harbour from the storm
HCH
Hot Chili sets up water company as drought racks Chile–but must also build communities a desal plant
Add TV2 (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online