RED 4.82% 39.5¢ red 5 limited

F/B Why would they need to do a Cap raising when they should...

  1. 225 Posts.
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    F/B Why would they need to do a Cap raising when they should have something like $37-$40 Mio left at end of March quarter by my estimations as they recieved a further $7.5Mio from insurances during that quarter?
    All we need is a Phillipino white knight company to come on board and the whole situation can change!(Just another thought bubble I guess).Its a pity most junior gold companys world wide are on the sharemarket nose at the moment.
 
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