Although I hope there is no CR, I don't think its a good idea to believe everything that management (for any company) say regarding funding. Look what happened with RAP. Management promised no CR a week before they put one out. Of course a CR is last resort but if they cannot get the funding, which so far they havn't been able to, they will have no option but to do one. Lets hope MM pulls something off soon otherwise I am afraid to say that a CR is imminent, before the share price gets hammered even more. They are doing a lot of press recently, which usually is a signal of pumping the price up for a more attractive raise. Time will tell.
- Forums
- ASX - By Stock
- News & Media
Although I hope there is no CR, I don't think its a good idea to...
-
- There are more pages in this discussion • 2,180 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SAS (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online