FDM 0.00% 1.1¢ freedom oil and gas ltd

Ann: Successful completion of placement , page-37

  1. 2,647 Posts.
    LA what do u think about the capital raising especially the part about using the money to pay salaries of new petro guys. To me that's not sustainable. Was nearly going to buy some mad shares that changed my mind. Recon these shares are going to under 20 cents, as there is no purchase of acerage or oil fields with part of the money. Good part is the money was raised easily. Bad part is what it was used for.
 
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Currently unlisted public company.

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