CGA 0.00% $1.00 contango asset management limited

shell play, page-10

  1. asf
    9,888 Posts.
    mowibble said:

    "i would have thought a cap of around $15million with the addition of maybe another billion shares at .005 and .01c, and about $8m in the kitty would be achievable."
    _____________

    MUI recently raised $600,000 at .002. About 32m new shares. That was a true shell, that had about $1m capital when it raised.

    The market is currently pricing TDX at between .001 and .002. .001 is a gift, imo, and probably pretty safe. .002 means one could lost half their money, but probably only in the short term- that's without consolidation, in which case one could lose far more. I wish consolidation was illegal. :) But mowibble, your figures seem ambitious.
 
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