AUL 0.00% 28.5¢ austar gold limited

Ann: Trading Halt, page-5

  1. 555 Posts.
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    Would have liked to have seen a positive cash flow announcement for August and the impact of that before the hat is passed around. The extra funds will put us in a better position going forward (ultimately accelerate opening up of more work fronts and increase utilisation if the plant). It is frustrating to see funds raised whilst the market cap is so low. My guess is some big holders are keen to see the market cap increase and at present one piece of the equation (cash in the bank) is missing. Wait for the cash position to build over next 6-12months? or pour some in now...
 
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