GRY 0.00% 20.5¢ gryphon minerals limited

trading halt announced for capital raising

  1. 11,114 Posts.
    lightbulb Created with Sketch. 622
    Ya have got to be kidding me. Why not sell the PIR shares to raise funds.

    $15m spent last quarter - on what? Will the market lose trust in this management, despite the excellent gold deposit?

    But a trading halt today would be good so as to avoid the expected bloodbath as goldies fell 5% overseas last night.

    I sold out because I did not like the price action and managed to keep a small profit - pure luck.

    Nice announcement yesterday and the share price got head butted. Perhaps someone knew what was coming.

    GLA

    loki (oh those goldies are giving me a headache)
 
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