COI 0.00% 20.0¢ comet ridge limited

Ann: Trading Halt, page-16

  1. 125 Posts.
    lightbulb Created with Sketch. 48
    very interesting information to have especially prior to general market announcement.

    whilst astronomically disappointing, I am going to take the position that comet is ramping up the business significantly given the current cash held as well. Adding in the new amount of $15 million, this will move the business along dramatically and put comet into a far stronger position to entertain a takeover or gas to market giving revenue to shareholders .

    whilst certainly not what we wanted as announcement, however this could well be the catalyst to achieve and build a far stronger business.

    Tor and crew are no fools and the cap raise needs to be seen as a positive not a negative as frustrating as it may seem.




 
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