NTL
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5.26% 2.0¢ new talisman gold mines limited

I would rather they cancelled the issue... They have enough cash...

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  1. BK47
    198 Posts.
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    20/07/16
    15:13
    Post #: 18318370
    I would rather they cancelled the issue... They have enough cash to get bulk sampling going and self fund...

    I can't see the long term VALUE of raising another 8 million dollars but increasing outstanding shares to 3.6 billion

    The amount of shares on issue directly effects how many multi bags you can get out of the investment and a tiny tick in the share price will catapult the market cap

    Happy to have someone convince me why this is a good thing...
    NTL Price at posting: 0.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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2.0¢ 		Change
0.001(5.26%) 		Mkt cap ! $12.50M
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2.0¢ 2.0¢ 2.0¢ $10 492

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Price($) Vol. No.
2.0¢ 198245 1
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