Well, it would be good for reducing the $4.4m interest expense, but highly dilutive for the people who didn't participate.
The increase in production announced today only puts a small dent in the cashflow deficit, more big steps are needed.
Since $46.7m is taken, I'll go with $40m. Although the numerous extensions reeked of desperation...
- Forums
- ASX - By Stock
- GXY
- closest to the pin c/r
closest to the pin c/r, page-8
-
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)