I am wondering if the board has something in mind for the extra placement, and whether any information could be presented at the AGM. My first thoughts are that it could be to do with the future works with FNT? It seems to be a massive dilution if the only purpose is to raise funds, as the funds raised by such an issue are miniscule, especially considering that BCD are cash flow positive, and have money in the bank.
Cheers,
hippies
- Forums
- ASX - By Stock
- placement is this a rip off
I am wondering if the board has something in mind for the extra...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
NEWS
Breakthrough programs slash healthcare events, driving a significant A$1.8M+ annual revenue boost