AUL 0.00% 28.5¢ austar gold limited

whats comming, page-19

  1. 539 Posts.
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    Guys,
    1) Hardly a surprise.
    I called this on Friday. (no i didn't know about it)
    They were low on cash and it has to come from somewhere.

    2)The amount raised is not good indicator of faith.
    Dilution not a major issue, but the 5M oppies at 5c strike likely to have some downstream effect.

    3) Cygnet back many companies, good - bad - otherwise.
    Total fee, unknown at this stage.

    4) No note about options being listed, or unlisted

    Noticed i sold off my heads only, still have my oppies, therefore technically i'm still a holder!

    5) The upside is they have bought time and keeps the minnow alive. This could go any where from here with the projects they have and tiny mkt cap.
 
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Currently unlisted public company.

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