ELK 0.00% 1.4¢ elk petroleum limited

Ann: Trading Halt, page-10

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  1. 7,303 Posts.
    lightbulb Created with Sketch. 664
    Yeah, sorry Dan.
    I suppose at least its a smallish raising?
    Interesting to note that part of the justification in the detail, is that they need extra money to prove they can pay the $10m Nov payment....
    Aneth growth is all fine and good, but as you say, the sheer amount of dilution over the past 8 months will weigh on the stock. I will watch and see what happens as we get closer to June 30, tax selling etc.
 
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