GFS (ASX) Flow test

GFS

Click for more information

0.00%

0.2¢ gasfields limited

First 65 Last

Share
Profile

Follow
icesmooth

467 Posts.

8

23/02/18

16:40

Post #: 31297870
Share

Originally posted by Pippedatthepost ↑

You have some good points there. All I am trying to say is that consolidation is a bad idea pre revenue. After consolidation REL will again issue shares and begin the dilution process again to fund further projects. I believe REL should leave the current issues as they are and focus on the balance sheet in order to secure future funding through more conventional ways ie. banks. I think it's important that we as shareholders are not sitting back for the ride but having a voice to protect our own investments and goals. For me this means NO to consolidation. I'll keep posting about this until it's time to vote because I want others to do the same. REL is certainly not concerned with shareholder value but more focused on creating a name for themselves in the gas industry. I also believe that Tulainyo will be successful but I want to profit from that success as opposed to wondering why I feel short changed while Nathan and the team pop champagne and bask in the glory. We will vote soon and I want more people to get on the NO side. It's been mentioned many times here that consolidation will happen quickly after it's voted on, most likely too quickly. I'm not against consolidation in the long term, just in the short term[/QUOTE

Pippedatthepost..... I am with you and WOULD VOTE NO..... not once of the past 5 consolidations worked out for me.....

Expand

REL Price at posting: 0.2¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

Reply