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4.55% $1.04 ansarada group limited

the cash flow statement shows that the company has spent more...

  1. watso
    21,227 Posts.
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    31/07/06
    16:53
    Post #: 1709514
    the cash flow statement shows that the company has spent more than $5.5m for the year. just under $2.5m was spent in the latest quarter. at this rate, there will need to be another capital raising towards the end of the year, or early next year. my guess, would be that the company could well issue another 40m shares in the coming 12 months
    AND Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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