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5.4¢ greenearth energy limited

Well if all of the above was not an indication of an upcoming...

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fourdollars

380 Posts.

3

28/07/16

10:14

Post #: 18385479
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Originally posted by fourdollars ↑

Judging the by the SP action and Buy / Sell depths, it looks like there's an expectation of another capital raising. Speculate that there may be a few reasons for this including:

1. While collections were high in Q4, this may have been a timing issue with receipts really reflecting work done over several quarters.

2. If Vivid continues to promote its "Save and Share" offering, you would expect that it will have to fund some significant up-front capex on behalf of customers.

3. There will likely be ongoing capital injections required for New Fuels.

The fact that GER has not laid out a path / timing to being cashflow positive (including investment and operational requirements) is concerning.

Thoughts?

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Well if all of the above was not an indication of an upcoming capital raising, the last two "CSIRO collaboration" and "NewCO2 nothing-remotely-close-to-commercialiation" announcements, were clearly a pathetic attempt to pump the price prior to tapping shareholders ...

GER Price at posting: 8.0¢ Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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