BTR 6.25% 1.7¢ brightstar resources limited

Building Western Australia’s Next Gold Miner, page-9

  1. 524 Posts.
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    Agree that consolidations rarely work for shareholders. However it gets to the point that if there are too many shares on issue (~>1bn for a junior) it becomes difficult to issue more shares to raise capital. This may be fine for BTR if they can generate cash from Menzies. If not, IMO a consolidation is inevitable if they need capital. I was a KWR holder and continue to watch. GLTAH
 
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Last trade - 14.59pm 22/05/2024 (20 minute delay) ?
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