SNU 0.00% 9.3¢ southern uranium limited

trading halt, page-2

  1. 215 Posts.
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    Thoughts of dilution. Only have just under 2 mil in the bank i would be guessing.

    This is really going to destroy the share price for a while. You really have to feel for all those that got in at 20+ cents. I am sure there would be many thinking why didn't they try a cap raising when the price was much higher. Obviously did not have the support from the big stakeholders I would guess.

    Currently have 115 million shares on issue - I wonder how many more they will issue.

    Time to move on I am afraid - really got to feel for holders
 
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Currently unlisted public company.

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