EER
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0.00% 3.6¢ east energy resources limited

money, page-2

  1. Valin
    6,072 Posts.
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    11/03/12
    16:30
    Post #: 9822557
    eccoi,

    It does seem that the company is running out of money and their most recent announcement coincides perfectly for the timing of a capital raising.

    The company at the end of March according to their last Cashflow statement will have approximately $690,000 in the bank.

    EER Price at posting: 22.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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