Thursday, September 1, 2011

Loss making company

#Digiland: Has posted 3 yrs of consecutive losses. Co is also proposing a rights issue of 2 new rights shares for every existing 1 share for a total of 20.4b new shares at an issue price of $0.001 per share. The max est net proceeds are approx $20.1m if all the rights shares are subscribed for. Co intends to use proceeds to acq 30% of a Thai coke company which owns a coking coal plant project.


#Aussino: Has posted 3 yrs of consecutive losses


#Creative Tech: Has posted 3 yrs of consecutive losses

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