CRO 2.33% 8.8¢ cirralto limited

Hi Seanbuccs,As a shareholder, I’d like the directors to get the...

  1. 44 Posts.
    Hi Seanbuccs,

    As a shareholder, I’d like the directors to get the share price back to 10-15cents……………. To do that, they need to secure a mining asset that represents that value ie:

    • They would have to negotiate an acquisition (of a mining resource) that would give the company a Market Cap. of $X (based upon the market rate of the resource secured)
    • Once $X is divided by the post-acquisition number of shares (ie current issued shares + shares issued for the acquisition), I’m hoping the resultant share price will be 10-15cent

    Can they make such an astute acquisition? Or, will they give what’s left of the farm away again? Let’s see.

    What I hope they don’t do is a share consolidation – this usually results in shareholders (of such micro-cap companies) being seriously diluted.
 
watchlist Created with Sketch. Add CRO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.