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My speculative self thinks our Redmoor share will get a for sale...

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  1. Nodferatu
    3,482 Posts.
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    31/01/19
    16:57
    Post #: 37285726
    My speculative self thinks our Redmoor share will get a for sale sign put up after the resource upgrade.

    To raise another $1-2m at these levels will only shoot their (management) shareholdings in the foot.
     
    With any possible Redmoor production still a couple of years away, it feels to me a sale is the only way to escape the dilution spiral in the meantime.

    Wait and see.
    NAE Price at posting: 0.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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