GRV 0.00% 2.6¢ greenvale energy ltd

they had to raise the money because of the testing screw upthey...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 9,034 Posts.
    lightbulb Created with Sketch. 546
    they had to raise the money because of the testing screw up
    they had to do it =/< Pioneer's 5.4c
    so 5c
    I am sure there's a few holders who've had enough of the failure after fup after failure after fup and just want out
    but given its 4.9c offered I can only guess Neil's network is not taking an oversized swipe at $1.9m
    maybe they take some shortfall but they are apparently not champing at the bit
    there will be a big shortfall for sure. I suspect GRV are negotiating for an offtaker style cornerstone.
    and its not too hard to take that a step further and figure insiders shortfall support might depend on how those conversations evolve.

    Last edited by sahmee: 14/06/24
 
watchlist Created with Sketch. Add GRV (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.