TEE 0.00% 9.9¢ top end energy limited

sinking fast, page-17

  1. 4,306 Posts.
    From my reading of the Qtr cash flow I can't see how these guys can stay trading unless they do a capital raising. I hold 570,000 of these suckers at an average of 3.8c. Its not in my interest to see this thing slide into oblivion - but apart from the further dilution that comes with another capital raising I can't see any other option. I have called the office but have not been able to get to Ian May. If i don't have a response by 4.00pm (ie how they can keep trading with no cash reserves) I will be out at any price. Something does not add up here.
 
watchlist Created with Sketch. Add TEE (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.