MAY 6.25% 3.0¢ melbana energy limited

Ann: Alameda-1 - Independent Resources Assessment (Upper Sheet), page-93

  1. 125 Posts.
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    Can someone point out where I'm flawed in this:

    Why would they halt for credit raise at 10-14c current price when they have the results instead of releasing the results, waiting for the price reaction (probably over 25c) and then do the raise?

    At face value seems pretty fkn dodgy like they're scrambling to look after mates before the price jumps??
 
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