GUF guildford coal limited

chart breaking out, page-9

  1. 53 Posts.
    should open today @15c
    holding up well after announcing capital raising

    maybe the timing of the announcement is because they will do the capital raising without turning to current shareholders or new investors therefore no need to issue more shares and dilute the stock

    guf has little or no debt on there books and with production not far away maybe some form of debt facility is on the cards??
 
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