ATV 10.5% 2.1¢ activeport group ltd

cap raising anyone?, page-2

  1. 4,149 Posts.
    Since the capital raising on the 28/7/2011 ( 32 million shares at 5c)there have been approx 24.5 million shares traded.
    Majority of these were bought under 4.5c and roughly the last 8 million traded were under 4c.
    I wonder how AU Mining feels about that?
    I wonder also how they would feel about another capital raising under 5c and a further dilution of their position.
    Perhaps they have another 1.6 mill to tip in at 5c a share!
    I agree with akko it does seem inevitable and may well be painful unless Wally is sitting on some earth shattering results.

    Sure doesnt look like atv can keep drilling unless someone else wants to stump up a couple of mill to get us through until production in 2 years time.

    Still I find it curious that atv has depth on the buy side when its been dead for the last 2 months. Maybe just a little anticipation creeping in.


 
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