Gunson will be in a very difficult position if they do not raise the capital and you risk losing your investment to an opportunistic bid at a low price, particularly if Posco delay the project looking for a higher NPV.
Realistically it stinks being asked to stump up now, with no offer of free attached options. I see Posco holding all the Aces, but if you don't stump up the cash the downside is worse.
Gunson only need 100 shareholders taking $15,000 or 1000 subscribing for $1500 each to stave this off.
Hopefully we can find them.
- Forums
- ASX - By Stock
- GUN
- not so skinny
not so skinny, page-5
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GUN (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online