AQR 0.00% $3.50 apn convenience retail reit

molly mines, page-3

  1. 2,814 Posts.
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    Hi Lex,
    I have been considering selling my AQR holding as it appears to me from the company releases that they are years away from production and no nearer to finalising these so called JV discussions.
    It also appears that they are only interested in proving up further resources from their next drilling campaign which IMO is going to use up their cash and they will then need to go to the market for further capital raisings which will dilute our investments.
    They sent the share price south with their recent Cap Raising which not many shareholders participated in, me included, so i cannot see the share price going anywhere but backwards from here for the forseeable future.
    What are your thoughts?
    Cheers,
    dapper
 
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