ROO 5.56% 1.7¢ roots sustainable agricultural technologies ltd

Lots of new bids, page-20

  1. 1,976 Posts.
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    100% agree. I don't like seeing a CR when a company is just burning through cash with no sign of revenue. That's definitely no the case here.

    My thoughts are that I could wait and see the details about the CR (if there is one) then hold off buying until after it happens.

    In my experience companies like to release a string of good news to push the price higher increasing the VWAP to offer the CR at a better price. I certainly wouldn't want to buy at a premium.

    Again, I still don't know if one is required and would like to hear some thoughts around this.
 
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Currently unlisted public company.

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