NUP 0.00% 1.5¢ nupower resources limited

shortfall

  1. 1,149 Posts.
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    RUM just opportunistically raised 7mil+ from institutions when no one expected and in a bad market. Why would they do it now if the share price is not the best, unless you are desperate for cash - which they are not.

    Now they have 16 mil cash, more than enough to take a swing at us. It just so happens that shortfall is almost exactly equal to 19.9% of NUP's issued capital. Co-incidence?
 
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Currently unlisted public company.

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