ETC entertainment media & telecoms corporation limited

Hello Gents,Good posts.I find it hard to believe that ETC would...

  1. 4,504 Posts.
    Hello Gents,

    Good posts.

    I find it hard to believe that ETC would do a cap raising at 1c - with $1.7mil in the bank as of last quarter and presumabably another good quarter just gone by with $562k from the WorldxChange liquidation, WHY would they need another cap raising???

    I guess tomorrow will tell all but for me I'm personally hoping another cap raising WONT be needed as they already have 695mil shares on issue and this is already too much.

    Astoria could be right but once again I can't see WHY they'd need a cap raising as they are NOT short of cash.

    Bring on Monday.
 
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