AUL 0.00% 28.5¢ austar gold limited

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  1. 449 Posts.
    Pleased to hear it.

    Looks like it is going to open a tick up at 3.9c. That will give the Hussler123 and his mates something to think about.

    Oops - I mean Hudster123

    The share placement does seem a little cheap but let's just hope the new holders are sophisticated enough not to dump them at the first opportunity. I'm guessing this is the reason they weren't offered to retail investors.

    The company's cash position was a bit of an "elephant in the room" and at least the immediate cash concerns are now alleviated.
 
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