RQL 0.00% 26.0¢ resource equipment ltd

I got in yesterday. Don't care about any short term drop in...

  1. 708 Posts.
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    I got in yesterday. Don't care about any short term drop in price (if any) but I do not want to be diluted. Rights issue hopefully

    Also I wonder how much they wish to raise. Cash flow operating would be 15m a year, another 5m in options. They want more, so at least this is a good sign. Growth must be going off the rictor. I hope they also fund some of the growth through debt.

    Anyone else's thoughts? Also there must have been some inside tip on the CR , volume was high yesterday. I kept thinking to myself, What are these people doing.
 
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Currently unlisted public company.

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