Post by
maxxhare on Sep 10, 2021 1:47pm
AUSA Consolidation Of Shares In Fourth Quarter 2021?
After speaking with 4 different brokerage houses, the consensus is that in the fourth quarter of this year, the company is exploring a share rollback to correct the balance sheet, and be able to raise new venture capital by allowing more private placements. One credible shop had mentioned a 10 for 1 rollback to keep the shares under 30 million outstanding.This would allow the company to raise funds to aquire new companies etc.
Comment by
Imabagholderxd on Sep 10, 2021 7:52pm
I can see some dilution to acquire a strong revenue generating accretive company. I doubt a reverse split will happen.
Comment by
QcTrader on Sep 13, 2021 7:32am
Would you be kind enough with the bullboard to share who those "4 different brokerage houses" are LOL. you are certainly laughable in terms of bashing skills. What i see is your continuous negative post on the AUSA bullboard. it appears that you have a clear agenda,