CJTJ thanks for that, i was aware of this but should have made it clear on my tip. I will amend shortly.
Im not concerned by this because in my experience coys that vend in a deal inevitably give the new owners a large number of shares and later consolidate, regardless of how much cash they have. However, having over $200k means CCZ can stay afloat while they finalise a deal (they only went through $16k last quarter) and get through any DD period.
I'm taking the punt this one is ready to go now, but am confident it can deal with any setbacks that could cause delays, it is after all just a shell and very risky as always.
JMT
- Forums
- ASX - Short Term Trading
- Short Term Trading Weekend Lounge 4-6th Dec
CJTJ thanks for that, i was aware of this but should have made...
Featured News
Featured News
The Watchlist
RC1
REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online