UXA 0.00% 0.0¢ uxa resources ltd

silver on the rise, page-5

  1. 489 Posts.
    Toastman, I never attacked you so I am more than happy to hear your opinion.

    Zak, in my opinion, given that scenario, the capital raising albeit a small amount could have been a longer-term strategy play.

    If things go bad like they did in the last 6-12 months and companies are limited by the number of CR they can do in a time period etc. then it might be a move to secure the ability to do a future CR at an ideal or necessary time

    It's a bit out there but if there's a good CFO, and given the spout of disasters here, in the US and everywhere else it could make sense. 3.1 was a very unfavourable price though.

    Did that make sense?
 
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