AUQ 0.00% 4.8¢ alara resources limited

Ann: Rights Issue to raise up to $2.48M, page-8

  1. 5,693 Posts.
    lightbulb Created with Sketch. 344
    So we are doubling the amount of shares on issue for a miserable 2 million? There is no need to offer these at a patsy cent. It's way too cheap.

    Now we know the reason why the s/p has been controlled and manipulated for the last month or so.

    How long is the 2 million going to last?

    FFS on the surface this sounds like a dud deal.

    You can really say goodbye to ever reaching 10c let alone 5c.

    I want to be proven wrong but hard to see the bright side here, unless they come out with a company making ann's but so far it looks like we are up the garden path in the short term at least.
    Last edited by Crisis77: 13/10/15
 
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