AYN 0.00% 0.1¢ alcyone resources ltd

when silver moves it will move fast, page-13

  1. 4,510 Posts.
    I disagree there jantimot, although what you say factually is probably.

    I am a "why did the dog lick its balls" person when it comes to raising funds and it should always be done when the share price is on a tear, but you never know when you are going to need it and how the market is going to be when you have to put the hat around.

    Now they decide they need it and it is at half the price it should have been and is very dilutory on existing holders and also the flood of 6 cent options puts a lid on the share price going too far past 6 cents as they become dilutory.

    Naive management. When the share price was 12 cents the market cap was $150M. There was no way the operations were ever worth this amount of money and they should know that and this is why I held back from buying to be honest.
 
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