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Yeah there are a few questions on the timing [USER=94]@greggles[/USER] The Stock has promised much on a couple of occasions over the years. Managements credibility is possibly on the line at this point I reckon.I don't see anything too sinister in it, but it could be/does look a bit like a "money for the boys" cap raise given we still had a few dollars in the kitty, and the next round of drill results (if good/as expected) could have catapulted the SP quite a bit higher (before the inevitable cap raise!?)The good thing is, even if they are giving their mates a "free ride" at rock bottom prices, there should be an ensuing price spike at some point post cap raise after the initial drop .... Its all a guessing game at this end of the market of course.
Yeah there are a few questions on the timing [USER=94]@greggles[/USER]
The Stock has promised much on a couple of occasions over the years. Managements credibility is possibly on the line at this point I reckon.
I don't see anything too sinister in it, but it could be/does look a bit like a "money for the boys" cap raise given we still had a few dollars in the kitty, and the next round of drill results (if good/as expected) could have catapulted the SP quite a bit higher (before the inevitable cap raise!?)
The good thing is, even if they are giving their mates a "free ride" at rock bottom prices, there should be an ensuing price spike at some point post cap raise after the initial drop ....
Its all a guessing game at this end of the market of course.
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