AON 0.00% 1.3¢ apollo minerals limited

Still got to say , a release on "another matter" has capital...

  1. 5,236 Posts.
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    Still got to say , a release on "another matter" has capital raising written all over it. As does the rally on virtually no volume and no news as brokers set up the raise. I pray this is not the case, the structure can't bear it at this hideously high cost of capital . Remember we wouldn't be down here with out the infamous, and profoundly evil HPX dump, a raise would just embed this higher cost of capital going forward.

    The radio silence, and odd company updates where huge swathes of their assets and JV's are totally not talked about is intriguing, but clearly should be seen in a negative light not a positive light. If there was a good story anywhere you can be sure the company would be yelling it to the rafters to get its share price back to a level where it can start exploring again.


    GL
 
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