FXR fox resources limited

By end of next month (March) they will have $500,000 left in the...

  1. 6,072 Posts.
    By end of next month (March) they will have $500,000 left in the bank (as per Dec Appendix 5B).

    Yes it seems inevitable there will be a capital raising/asset sale if they want to get through to the June quarter, otherwise it will not be able to carry on as a going concern.

    What a sad company! Streeter's other company Western Areas is kicking goals.

    I'm surprised that the company is currently capped at $35m.

    No point having assets that can't make money.

    Good luck

    :)
    Nic
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.