Fortune Minerals Ltd T.FT

Ask … 1.7 m shares

[Marketbeat]

Sell side is growing. 

Let's see how bad it gets. Maybe the smoke and mirror show has run out of steam. Or maybe goad is actually going to produce some news.

[Yellowknifer69]

Hello and good morning FT longs Well, we know cash is running short, so management will have to come up with something to keep the lights on. Yellowknifer

[Freedom2022]

A solid 2 cent PP   lmao!   

[ToadyToadman]

1 - They can renegotiate the loans as lenders will always renegotiate to get some return instead of none. Bad for shareholders. 2 - They can't raise at current shareprice. That is massive dilution unless they only need a small to keep the lights on long enough because they know something is coming. Continued treadingwater bad for shareholders 3 - share consolidation followed by a PP. Lights