ANS austsino resources group limited
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Not sure I understand properly, but wouldn't the 172M shares...

  1. Praetor
    1,752 Posts.
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    05/09/18
    14:22
    Post #: 35428973
    Not sure I understand properly, but wouldn't the 172M shares released from escrow today (direct to ANS) provide some working capital...especially if the news to be released is decent enough and the SP bumps?

    As per the August 23 ASX Announcement "The Company previously applied for and was granted quotation of these shares."

    172M @ 2c = $3.44M
    172M @ 5c = $8.60M
    172M @ 10c = $17.20M

    Mmmm. Clearly, there has to be another funding source.
    ANS Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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