Yep, my bank had huge 'issues' at the time, so I subscribed to the shortfall over a month ago. Still waiting for the shares to be issued, which makes me think the directors are deliberately delaying the issue until the 2nd WA well is complete.
IE - if it's another P&A (most likely imo), just issue the shares to chumps like me that sent cheques 4c in when the SP was 3.5c, and if the find something, I expect we will suddenly see a full shortfall placement to WA mafia types.
Seems like poor form to me.
I haven't managed to get a top20 out of them for years. On two occasions I have had to get really pushy and curt to try to get a response, and twice I was told the company was 'looking' at publishing it on the website, but of course nothing ever eventuated.
Funny way to run a company: by alienating the few remaining shareholders that have stuck with it. Guess the top20 must be down to below 30% by now.
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