SDL 0.00% 0.6¢ sundance resources limited

capital raising, page-14

  1. 8,942 Posts.
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    Here's another one to chew on for those a bit nervous about a cap raising.
    AZH, a share I have been holding since 5 cents. Did a cap raising at 7 cents when sp was 5 cents last year. Went up from there to over 20 cents. Only three weeks ago did a cap raising at 19 cents , and has since progressed to over 30 cents, with high of 37 cents. And these guy's are still trying to establish a resource. I just can't see SDL raisng a bit of working cash with a cap raising to "sophisticated investors" and spp. They're way past that.
 
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