News: ATS Australis Oil & Gas Seeking Commitments From Investors To Raise Up To A$30.5 Mln, page-32

Yes I've been challenged before.... But guess what, always, bar none, always subsequently proved to be right - don't need to be, but just was!. So funny huh!  Love it!

Love for the stock to do well, but no matter what anybody says about the leadership, IF they were really confident about the outcome of the WIP, and therefore thought that they would have some wonderful amazing super news to report in just a few more days, which would no doubt have led to a great SP spike (that's how the sheep graze), then the capital raising most certainly would and should have been announced 'post the result' and then would have meant a lot less dilution, a LOT LESS! THIS my friend is talking economics, facts and rational issues!! Any other argument against this would just show naivety and a fundamental lack of understanding of both the market and this industry...... period!