tbh. it's not a great look when the company actively avoids publishing material information like the Dec 22 cash balance. are they following ASX continuous disclosure laws? who knows how low the cash balance is and, if they are borrowing money to wait it out . no one can be sure but the lack of reporting leads to speculation. if they are borrowing money to keep the lights on, they will need to do an even bigger capital raise soon.
without cash, there's no company.
in my experience, the worst companies tend to not report information and delay important news. that's why there's laws around to keep investors/ speculators informed. the real issue is that the company isn't reporting important information on time
and on the fundamentals, aren't they meant to be drilling now? how do they drill without any cash.
- Forums
- ASX - By Stock
- Ann: Sarama Intersects 23m at 4.26g/t Gold at Sanutura Project
tbh. it's not a great look when the company actively avoids...
-
- There are more pages in this discussion • 9 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 SRR (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.807M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 107916 | 2.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.4¢ | 48000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 107916 | 0.021 |
3 | 620000 | 0.020 |
1 | 50000 | 0.018 |
2 | 535000 | 0.016 |
1 | 66665 | 0.015 |
Price($) | Vol. | No. |
---|---|---|
0.026 | 28428 | 1 |
0.027 | 97000 | 1 |
0.028 | 100000 | 1 |
0.038 | 50000 | 1 |
0.045 | 88778 | 1 |
Last trade - 16.12pm 03/05/2024 (20 minute delay) ? |
Featured News
SRR (ASX) Chart |
Day chart unavailable