CST castile resources ltd
Add to My Watchlist 3.33% ! 6.2¢

G'day Colin,I'm with you. I figure that the extra 2.5m takes a...

  1. ForrestGump
    4,086 Posts.
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    03/06/03
    14:20
    Post #: 181165
    G'day Colin,

    I'm with you. I figure that the extra 2.5m takes a little pressure off and allows the company to concentrate to the full extent required on marketing.

    As much as I truly hate seeing my holding diluted, I am willing to accept this tiny dilution for what amounts to a 50% increase in cash on hand. The company has previously stated that they do not intend to go below $5m cash. I had figured that with the delays that we have had that we would go below - I guess this was one way of preventing that ocurring.

    CST Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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6.2¢ 		Change
0.002(3.33%) 		Mkt cap ! $18.34M
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