It is obvious that the funding announcement has been made to coincide with the first gas production at Cambay in order to present the best case to investors. However what is questionable is the fact while the company is subject to a trading halt on the ASX the shares are still being traded on AIM in London thereby encouraging further speculation and instability. In saying this the hallmark of the company over the last twelve months has been poor decision making.
OEX Price at posting:
6.1¢ Sentiment: None Disclosure: Held
