CRB 0.00% 0.4¢ carbine resources limited

Well if the '* Report' is anything to go by then the big...

  1. 400 Posts.
    lightbulb Created with Sketch. 64
    Well if the '* Report' is anything to go by then the big red phone in the CRB executive wing should be ringing its head off with proposals from explorers who have tenements, but no way to fund their exploration.

    Excerpt below and hyperlink to full article below that

    It’s all just too hard - November 16th
    Lion Selection Group director Hedley Widdup focuses on resources and has seen a few companies come through his door marketing IPOs, but he says it’s been much harder in the last two months to raise money than the rest of the year.
    “And 2018 has been a lot harder than 2017, that’s definitely something that a lot of people would agree with,” he told *.
    “If you’re a junior explorer or developer MD the interest isn’t there this year – not even for a conversation.”
    He says some of that can be laid at the feet of the broader market.
    Of the IPOs he seeing marketing around Perth, Mr Widdup says they’re hard to read but “very much doubts” they’re filling their subscription books.


    https://unauthorised investment adv...ies-as-a-volatile-market-freaks-out-floaters/
 
watchlist Created with Sketch. Add CRB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.