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0.00% 1.8¢ activeport group ltd

I think the later, a cap raising for 20mil will result in 1:1...

  1. 13983369
    172 Posts.
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    20/07/12
    11:03
    Post #: 10460094
    I think the later, a cap raising for 20mil will result in 1:1 dilution at these prices anyway and their track record during exploration/development is not good in respect to SP appreciation/promotion.

    20-40mil equity and 120mil debt at 20% interest still allows for an derisked SP in the 20c region based upon the project NPV.

    ATV Price at posting: 3.2¢ Sentiment: LT Buy Disclosure: Held
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