Thursday, 30 March 2017

Is CACHE going to ask for more Cash?

CACHE Logistics just made an announcement today. 

Rights Issue. Alamak or YAY!

I just applied for Ascott Rights. Now need to come up with more cash for CACHE? At a high gearing of 43.1%, it's just a matter of time before they ask for more money. I am currently vested at a high average purchase price of $1.124. Their annual report is out. Another homework for me.

Steady Performance? I losing money leh. Show me the money and not the other round leh.

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