CJO 0.00% 13.0¢ cerro resources nl

Yeah, if they do a large capital raising at these low prices the...

  1. Bik
    222 Posts.
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    Yeah, if they do a large capital raising at these low prices the share price is going to get destroyed. Reading through the annual report, there seems to be a lot of cautious language which doesn't really instill the feeling of confidence. They state that their priority is shareholder value so I am hoping that things start to improve in 2012.
 
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Currently unlisted public company.

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