HAV 11.1% 20.0¢ havilah resources limited

Hi folks,Angus has a good point (as usual).Didn't Havilah raise...

  1. 1,094 Posts.
    Hi folks,

    Angus has a good point (as usual).
    Didn't Havilah raise about $5.4M back in March?
    And haven't they got $5M on term deposit.
    Plus a bit in petty cash.
    So with 39.5M shares on issue.
    Isn't there a cash backing of at least 12 cents/share?
    Or are my calculations haywire?
    HAV closed at 9.1 cents.



    cheers
    kaitie
 
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