BUR 0.00% 6.1¢ burley minerals ltd

Refer to the Consolidation document, that has some details of...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 786 Posts.
    Refer to the Consolidation document, that has some details of the expected cap raising.
    But I suggest you do the numbers at the dilution involved, as the 'vendors' are getting a pretty healthy slice of the company as well as salaries. These total around $1m pa from what I read. (see my previous posts).
    I certainly hope they can get this happening, but 2 concerns:
    - not much detail on actual construction & launch costs (could be $10m for all we know) and likely income, although some posters are counting on clipping the ticket on every phone call etc. which might be a bit of a stretch.
    Basic Economics tells me that you need to look at the 'barriers to entry' to any industry, in assessing it's investment merit. Just saying... but DYOR.
 
watchlist Created with Sketch. Add BUR (ASX) to my watchlist
(20min delay)
Last
6.1¢
Change
0.000(0.00%)
Mkt cap ! $10.37M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 25285 6.1¢
 

Sellers (Offers)

Price($) Vol. No.
6.6¢ 32879 1
Last trade - 10.00am 28/11/2024 (20 minute delay) ?
BUR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.