Gee that is an understatement!
I am long on these - I still hold some I bought at the IPO at 20cents.
The most successful drilling management has engaged in has been drilling shareholders for funds.
Since I bought at 20 cents the number of shares (after this cap raising) will have increased by more than 20 times and my shares are fetching 4.1 cents.
Thanks but no thanks!
Ann: Capital Raising Update, page-5
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