Even if they need to raise abit, i mean HOW MUCH do u guys thiink theyll need to raise to get by for the next 12-18mths?? Theyll have 10mill acc to my above scenario on balance sheet whichll get them thru most of nxt yr at a reduced rescaled rate of prod say 50k. Then they might have to RAISE another 10-15mill till production comes . So at 80c theyd nd to issue 20mill extra shares.
BIG DEAL,, so now well have 160mill shares on issue as opposed to 140mill - BUT.....(drum roll) ....well also have production up n running - so its not a big price to pay (an extra 20mill shares dilution) to be in Operation and a PRODUCER
Furthermore - - Aurrora will be SAVING shizloads of $$ by buying product straight from all the little coys its invested in and halting some of their production to SAVE big $$$$$ . ie Cann is doing all the Work , spending all the Capex and ongoings and wages admin etc,, just so that AURRORA can swoop in and buy the finished product without all the expenses laid on themselves of producing. AURORA is a massive massive multi bill dllr company - and just like huge huge MINING COMPANYS, YES, it may just be the best thing financually in short term to cut back on abit of production and buy product from all its investments for a fraction of the price of them producing it.
Use yr brains - this aint finished at all. We just need a little cap raise of 15mill to get by till production and we already have 5mill left on balance sheet (or potentially 10mill if prod is scaled back). Aurrora will buy our product as this means LOWER COSTS for them - ie higher ROE ,, higher ROA / ROC (return on assets / return on capital invested).
- Forums
- ASX - By Stock
- CAN is the Only future aus viable Big producer on the asx out of any1 really and will be Supported
Even if they need to raise abit, i mean HOW MUCH do u guys...
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CAN (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.47M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.7¢ | $34.95K | 1.250M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 19642 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 17025 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 19642 | 0.028 |
6 | 679350 | 0.027 |
6 | 389499 | 0.026 |
10 | 1065000 | 0.025 |
1 | 125041 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 17025 | 1 |
0.030 | 1470 | 1 |
0.031 | 140435 | 1 |
0.032 | 109543 | 6 |
0.033 | 230866 | 3 |
Last trade - 15.59pm 28/06/2024 (20 minute delay) ? |
Featured News
CAN (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online