GAU great australian resources limited

placement

  1. 724 Posts.
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    Maybe they are having trouble getting "true value/worth" for the intended AIM listing. At the AGM it sounded like a few parties were interested but were basically trying to steal their way in.

    With sylvania already AIM listed, and with them now taking a 20% stake in GAU, this could further help a "better" deal to be achieved which doesnt punish current holders too much.

    we were starting to get a bit low on cash, so at least that side of it is covered for the medium term.
 
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