Tuesday, October 19, 2010

Global Investment House - Better Times Coming. Capital Increase in 2011?

Au or FeS2?
Also from the Reuters Middle East Investment Summit, Ms. Maha Al Ghunaim noted that:
  1. Global's performance for 2H10 will be better than 1H10.   (Global lost KD34.4 million in 1H10 compared to KD98.6   in 1H09.
  2. The Company continues to monitor its costs and further reductions are in store.
  3. It expects to begin discussions with unnamed strategic investors in 1Q11 to discuss a capital raising.

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