Powerlan has very little cash left, not enough for another quarter at the current burn rate. Will they go back to the market for more. The last raising was largely supported by the two largest shareholders. One of these lost his shares to ANZ. If they do go back to the market will ANZ support them???? If they do go back and the smaller shareholders don't support the raising this will virtually give control to the largets shareholders. Is a privatisation imminent
PWR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
