AXE 3.64% 26.5¢ archer materials limited

Ann: Share Purchase Plan closes oversubscribed, page-12

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  1. 415 Posts.
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    Funny that was the only part of the interview that stood out for me too! He said "we are very well placed and very well capitalised over the next year". But then further on he says "we can do more with less and we run a lean Business". With all these things going on at once and now at an accelerated pace I'm sure they will burn through a hell of a lot more than previous quarters but who cares as long as they kick their goals faster! Would u rather them burn through 100k a quarter and take 10 years to get some where or a million a quarter and kick massive goals in 12 months?? I'm confident they will put all our money to great use and by such a large oversubscribed SPP I guess I'm not the only one!
 
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