EVG
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3.33% 2.9¢ evion group nl

Ann: Progress Report on construction EVG LLGTP Do, page-10

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  1. luckymjohnson
    797 Posts.
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    24/01/11
    17:06
    Post #: 7783600
    re: Ann: Progress Report on construction EVG ...
    To be honest, the mention of further acquisitions was the worst part of the announcement imo.

    They don't have the cash for acquisitions, and the more paper they issue, the less likely the options are to get exercised (and the more diluted ordinary shareholders get).

    When they are cashflow positive, go for it!
    EVG Price at posting: 13.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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