FIE
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0.00% 6.6¢ firestrike resources limited

Cap raising within the next 3 weeks or these guys are trading...

  1. ProPunter23Red
    2,881 Posts.
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    20/03/14
    13:31
    Post #: 13152280
    Cap raising within the next 3 weeks or these guys are trading while insolvent, below figures are from quarterly cash flow and half yearly reports. DYOR

    Dec31
    Cash 362k
    Forecast Cash flow Jan-Mar14 -275k
    Current liabilities -72k

    TOTAL 15k NET end of March, all goine mid April.

    Plan IMO is to place those oppies with a broker to help them raise money. Still going to be hard and likey at a large discount to the current share price.
    FIE Price at posting: 2.2¢ Sentiment: LT Sell Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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