kim remains cashflow negative I like the company or perhaps the story rather, but there is something wrong here. There seems to be an endless stream of capital raising through further dilution of the stock. You wouldn't be too happy to have bought into the recent raising at 38 cents and now at 31 cents thereabouts.
Just read their last quarter cash flow report, lost 1 million on revenues of 4. Perhaps this latest plant expansion will provide the economy of scale to post a profit and viability.
I do not hold KIM.
- Forums
- ASX - By Stock
- KIM
- results for trench - "exceptionally encouraging"
KIM
kimberley diamond company nl.
results for trench - "exceptionally encouraging", page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)