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Ann: Trading Halt, page-30

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  1. 944 Posts.
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    Brokers would much prefer to do a CR at a lower price - take up a lot of shares then watch the resource report drop then boom.

    Much bigger gains for them than taking shares at a high price after the resource report announces.

    Dilution in this case should not be a problem as a lot of the specs once cashed up after a CR tend to go up a few Bhags once the cash is in - with drilling under way this will fly.

    This is what I believe and is not financial advice.

    Exciting times holders. Good luck
 
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