BUT 0.00% 9.5¢ bright star resources limited

Hi all,Yesterday's move put this stock on my radar. Looks...

  1. 61 Posts.
    Hi all,
    Yesterday's move put this stock on my radar. Looks interesting (with strong management), however, according the the Sept 2010 quarterly cash flow report cash on hand was only $222K.

    This would suggest a further Cap raising is on the cards soon (which may coinced with recent price movement). Can a more knowledgeable investor please let me know their take on the cash position?

    Thanks
 
watchlist Created with Sketch. Add BUT (ASX) to my watchlist

Currently unlisted public company.

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