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31/08/17
11:33
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Originally posted by jamestown1
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Bevter, what on earth do you expect them to do. No offence buddy, but some people just have an in built victim mentality.
Unbelievable that u think retailers are getting the bird. Or is that just a standard clause used by every HC poster looking for popularity. Like bill shorten shitcanning Malcolm Turnbull??
The deal is without doubt as good as they come. The broker did not sell a single share from previous placement (despite massive liquidity!!). They were then a net buyer on market after the option was exercised to proceed (they could have got the placement cheaper if they didn't do this).
They've then done the placement at .65 when the stock last traded at .7 with very thin bid. I repeat that is as good as we could hope for. Next best is doing it at .7, which just isn't going to happen.
Please explain to me how the company could have done any better?? A rights issue? And waste 6 weeks st a time when they really want to be drilling?? Stupid.
This is a 10 bagger waiting to happen and u r whinging about the smallest thing.
Go and sit in the corner and face the wall please.
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I think your post is the stupid one james and very shortsighted.
We are on the cusp of something big and a few more weeks wouldn't make any difference.
Are you a beneficiary of their generosity to mates because you sure sound like it??
0.7c oppies too, I suppose you think that's good for us as well.
Joke.