Thats the dilution factor Area51, but my last paragraph with regards to low cash balance in the company is the unknown..and that reeks of Capital Raising.
I am merely pointing out a fact that no company can trade with 414K in the bank and issuing more shares without heavy dilution.
That is my relevent point Area51, i understand this one completely..Can i kindly direct you to the cashlow reports of the company Area51...there you will find the position the company finds itself in.
- Forums
- ASX - By Stock
- RYG
- Who on earth are Raya?
Who on earth are Raya?, page-17
-
- There are more pages in this discussion • 41 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add RYG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
JBY
JAMES BAY MINERALS LIMITED
Andrew Dornan, Executive Director
Andrew Dornan
Executive Director
Previous Video
Next Video
SPONSORED BY The Market Online