Blog: WZSATU- Awakening of Bauxite

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2 comment(s). Last comment by CFTrader 2016-07-24 12:40

Bruce88

1,130 posts

Posted by Bruce88 > 2016-07-24 09:37 | Report Abuse

good to watch, but nothing to shout about !

CFTrader

812 posts

Posted by CFTrader > 2016-07-24 12:40 | Report Abuse

I haven't dig out the details of the WZSATU, but the cash increase from 57m to 88m is nothing to shout about - it is mainly raised by the private placement and drawdown of the loan.

The BS cash do increase by 20m but the ST Loan increase by 15m.

I see they just managed to spin their cash around only, cash generating ability is not so that strong.

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