AWE 0.00% 94.0¢ awe limited

SPP, page-79

  1. 2,211 Posts.
    lightbulb Created with Sketch. 48
    If you buy shares in a company which needs capital you should have enough lying around to provide it. At AWE thats Wasitia and AAL.
    In practice I don't always get this exactly right - that's where my $180,000 revolving credit facility comes in handy.
    Hardly worth buying Aussie dollars for this one though, now I have to find something else to invest in.
    Capital raisings are great times to buy precisely because so many sell and the shareprice falls. Selling due to their financial circumstances not anything to do with the business - that's great for buyers an easy decision.
 
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Currently unlisted public company.

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