SLT 0.00% 0.7¢ select exploration limited

All sounds great until you wonder how they are going to pay for...

  1. 143 Posts.
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    All sounds great until you wonder how they are going to pay for the acquisition if RENT. The share price consolidation to 20 cents is obviously to make a share offer more viable, but the diluted value of the shares will push the price down again. Why would they sign a binding agreement when they need shareholder approval and more money?
    I have been with this company since it changed from being a Telco, became a Biotech and then changed directors who made it a mining company so that they could dispose of their worthless mining leases. I hope it increases enough so I can finally bail out. As a previous message though, what has happened to the mid Jan announcement.
 
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Currently unlisted public company.

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