AWD 0.00% 0.0¢ aleator energy limited

who's selling, page-29

  1. 7,556 Posts.
    lightbulb Created with Sketch. 1776
    Ask yourself this:

    If you were a lender and a company wanted you to issue funds to them at .001 so you can sell them and make your money back, would you issue them the money if there were no buyers at .001? Why would you. Risk is too high. You could be left with a truck load of shares but no one to sell them to.

    Therefore, IMO, the lender will pull the pin. That means the company now has only $100k to play with. When that runs out, what's next? Another round of con notes? Too whom?

    IMO, this will end badly before the end of the FY year.
 
watchlist Created with Sketch. Add AWD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.