re: Ann: Capital raising under Share Purchase... A particularly awkward time to be running low on cash.
Corroded pipes, elections, holidays and empty pockets, not a good look.
I still think the integrity is there though and in some respects the company looks more attractive than when I bought at virtually double, at least we know there's oil, just hard to quantify how much at this stage.
After the hype on the last well I'm not surprising it's gone a bit quiet.
We better hope the SP goes above 3c before the capital raising deadline.
At the end of the day you pay your money and take your chances.
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