GOA gold anomaly limited

I have been rung before when things are grim near SPP - crunch...

  1. 364 Posts.
    I have been rung before when things are grim near SPP - crunch time on the cash flow for these guys, they know if the share price goes just one tick down no-one, not even their family will subscribe. What are their options to raise money? - given past performance I can't think of any, but there are some cost saving measures which could be implemented (enormous board on inflated salaries to start with). Start panning for gold in Brazil maybe? Don't think that will cut it with the auditors though.

    If you are keen on holding on the probably reasonable expectation of a last minute push from management to get the share price up I would just keep enough to keep the SPP entitlement.

    Or if you are full of faith just join the 1.9c buy line and rub your hands with glee as plenty hold > 1million shares and IMO a dump is likely by someone who has lost faith in the ability to cash flow this going forward well before record date.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.