FSE 0.00% 0.5¢ fuse minerals limited

im out, page-5

Currently unlisted. Proposed listing date: APPLICATION WITHDRAWN ON 28 MARCH 2024
  1. 644 Posts.
    Sorting the capital structure out, so that existing shareholders can see where the value add is going to come from, is becoming something of a priority. I doubt Seuss will be the last to dump his holding.

    People understandably start to get nervous when Firestone are about to issue a further 868m shares, without raising a single cent for them to accomplish their targets.

    That's not sh8t canning the stock, the story remains a good one, but that's the reality of a current lack of funds, combined with overblown capital structure.
 
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