BDR 0.00% 6.5¢ beadell resources limited

Gold price, page-13623

  1. 1,581 Posts.
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    the company really is between a rock and a hard place here

    doing a raise now at this shamefully low shareprice will dilute current holders to oblivion and lock in the present value for the foreseeable future

    on the other hand, postponing a raise (in hope of a rebounding pog or some other act of god) merely worsens market concerns about the need for and imminenacy of a raise - which acts to push the share price down further

    the company needs something special to happen with pog pretty friggin soon, or I believe it will grind down to single digits within the next several months
 
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Currently unlisted public company.

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