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0.00% 0.2¢ ashburton minerals limited

It means Capital Raising - raising money by issuing new shares...

  1. drewperrett
    349 Posts.
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    05/12/12
    14:20
    Post #: 11150161
    It means Capital Raising - raising money by issuing new shares to investors.

    Existing holders don't usually like CR's as they dilute their share value. Obviously, long term they are a necessity for some companies.

    By the way, does anyone know how long Ashburton's website has been non-functional?

    Not a bad omen, I hope!
    ATN Price at posting: 0.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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