unfortunately, you will always have people out there selling for some reason or another...
our market cap has increased recently to around 67m with the announcement and subsequent placement from SDGM... and the SP is still trading at a premium to this placement... I think that once our MC breaks 100m, then some institutions will start to look at us very seriously. I understand that the classification of a small cap stock is a MC starting at 200m... this is when BAU will really be a player amongst small cap fund managers.
A great way of increasing our MC would be another placement, which is certainly on the cards with Yankuang Group Corporation Ltd. Another way is a rise in SP, which should definately occur over the coming months now that we have significant funds in the bank to aggressively persue our mining and DSO operations... these operations will be well on their way this quarter, and with BAU commencing to earn an income from our product, this will no doubt have a direct impact on our SP... dyor
Any thoughts?
Jalinski
BAU Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held
