WGO 0.00% 35.5¢ warrego energy limited

Insolvent Trading and breach of fiduciary duties, page-4

  1. 2,820 Posts.
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    I fear that for DC to bring oil to the surface we need a fully subscribed fund raise. For this to happen DC really needs to pull off another good announcement before the closing date of the rights issue. If he can get the share price to 1c + with a good announcement then the raising will be well over subscribed and I am confident that it will lead to the success of the drilling program. I fear at current stance the fund raiser won’t work and instead of a success story it will be a bitter end. This is why I will be taking up the full offer and urge everyone to think carefully of doing the same as a little more now could mean the difference between losing the lot or making a lot.
 
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