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9,095 Posts.
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19/06/08
15:03
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Thought the 27c that Sophisticated Investors paid would have put a floor under the sp at ~27.5cps.
Currently trading at 26-26.5cps so I guess the Rights Issue underwriter will be funding a shortfall ?
RI closes 27-06-08 unless EXR extend it
Only near term positive news I'm aware of is the pending result for the High Island well workover, aiming to re establish higher gas flow rates.
If successful, that might be enough to get us slightly over 27cps ?
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