Are you referring to the cowboy stock broking culture in Perth? Given the volume traded and price impact this morning ahead of announcement, i don't think this is your typical Perth rodeo. If there is genuine news from the co, the cowboys will do their thing on Wednesday don't you worry. Besides there is no need to do a cr RIGHT now unless I am missing something? Liquidity is not at critical level? It would make more sense to lock in offtake / NAIF before accelerating cash burn (of any badly timed cr). Credible announcement first with or without equity slice and top up with cr if they must which they shouldn't if NAIF falls into place like a domino
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Are you referring to the cowboy stock broking culture in Perth?...
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