FUT 0.00% 1.4¢ future corporation australia limited

Looks like they've got enough money to keep going at the moment...

  1. TDS
    725 Posts.
    Looks like they've got enough money to keep going at the moment but if a cap raising was in the pipeline further down the track (which looks inevitable if they don't start pumping some of this oil out), they'll prob do a share consolidation first like maybe 20:1 up to 50:1 so they can make it look tastier to incoming investors.
    Another play would be to issue a bucket load of shares to an incoming partner for some capital at an albeit cheaper than cheap price diluting your part just that little bit more.
    Ah well, if they hit .001c again I'll buy in for some fun. :)
 
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Currently unlisted public company.

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