Holders, it's worth noting that the recent $28.2 million share placement taken by IDG Energy at 50c is subject to 180 days of escrow. This means they cannot sell until approximately 12 December 2018... Just in time for Xmas!
There are only three important questions to consider:
How confident are you that the SP will have appreciated considerably by the time IDG's escrow finishes in December this year?
How likely do you expect a pump to get IDG in the money?
Are you confident IDG and its vast network will help LNG.ax secure a second BTA by the end of their escrow?