CXM 2.78% 3.7¢ centrex limited

low mine life capital risk, page-60

  1. 2,009 Posts.
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    exactly, we had an oppurtunity to all buy through our entitlement offer but only 1.8m was taken up from us retail holders. be thankful that the broker filled the gap and we can get this thing printing money by end of next quarter. raise was perfect timing considering our cash position and market sentiment. its been 12 months since Mencel took over and the company is leaps and bounds ahead of where it was. Cash is king in these environments and its coming thick and fast very soon.
 
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