Tend to agree withs Hans. Importantly directors are commited to maximum allotment and the announcement puts a timeframe ( within 6 months ) as to the purpose for this placement. Raising capital sucks but remember you hold NWE not BHP. Despite NWE underperforming in the last ~ 12 months, the next 12-24 months are very promising albeit still in the highly speculative stage. Don't buy if you can't afford to lose or wait.
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