BKP 16.7% 0.4¢ baraka energy & resources limited

Hopefully they have an investor in the wings and they plan to do...

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  1. 357 Posts.
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    Hopefully they have an investor in the wings and they plan to do a placement.
    There is no way I'd put any extra money into this without a clear vision of the way forward.
    This stock has a terrible history and this will only lead to more dilution.
    I mean seriously who believes in this company enough to stump up more funds, this thing has been a zombie stock for a very long time...now it has some interest, they want funds to keep paying wages?
    Why not just get funds through JVs on the various areas they control?
    Sad....
    Last edited by damianwrx: 24/04/18
 
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Currently unlisted public company.

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