Ann: FPL Completes $5.1m Placement, page-9

great results for shareholders
how often do you get a cap raising and the share price spikes 16.7%! Clearly management have shareholders interest ahead of theirselves! What an impressive raise oversubscribed at a premium to the closing!
Overheads are self funded now so 5.1m raise can be allocated for aggressive drilling
tbh idll rather have my money in fpl compared to recent failures that still hve a much higher cap!!
go FPL!