Ann: FPL Completes $5.1m Placement, page-31

Jo,
seriously do tag ME when they actually post a cashflow positive quarter, as they have announced oh so many times yet funnily has never materialized.
I've heard the CEO in an interview say they are profitable at $30 oil, then very profitable at $40 (GG) then break-even at $60....they said it.

Could write a novel on the absolutely rubbish announced to ASX here + all the excited lemmings over and over again.

The register sure does change, there's an obvious reason for that, obliterated by cap raise after cap raise / free options and 2x 10:1 consols.
The biggest issue is the guys at top have been around nearly a decade.

It's a fascinating show/ lesson in junior oiler wealth destruction.

Meanwhile if you look back to what I suggested in oil downturn, many here would be sitting on mutlibags instead of multi losses.
COE, BPT, SXY and STO to name a few