"Naracoota is well-funded with $3.7 million cash at bank end of June 2015, and with a market cap. of circa $8 million, the current enterprise value is just a tick over $4 million."
Now if they play this right they will not do a cheap raising but instead try get those options in the money
Hoping for a really good deal here
News: Naracoota Resources is cashed-up and on the acquisition trail, page-2
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
