Aston Bay Holdings Ltd V.BAY

No PP filled means that there's no CONFIDENCE in BAY..simple

[EricSnott]

what is it that you don't get, Schooler/Goofy?
Remember, if a PP is oversubscribed then you know there's a demand and confidence in the stock....so,, the opposite is true when the PP isn't filled!

Take a peek at my c.TTX....their first tranche of their PP has been filled and now the second tranche is in play, but that has been filled already...not yet disclosed publicly!!!

[schocor]

Trust me - I get the implications. I literally just said shareholders could lose all their equity without an equity raise.  If AW1 at 80% of stock is valued at $55m; and Aston at 20% cant clsoe a PP priced at $7.4M; I would be surprised. Certrainly the flow through nature of the AW1 financing is helping them; and Aston cant do the same for Storm (not their project - not their expenditure).&

[schocor]

Another point - Agreed their si no confidence in ASton. But there is in Storm, and that is ASton's free ride. Fingers crossed.  

[Patrick2Linton]

Outsourcing to the Bangladore boys was not a good move either as it pushed possible investors away. Well documented on this board. Waiting for the deep drill holes and assays to  right the ship.