LKO 0.00% $1.00 lakes blue energy nl

Ann: Progress Report , page-13

  1. 7,117 Posts.
    Do you really think so Geezer?

    I mean I would have thought with all the activity going on those who got the placement did so to ride the wave if its a good one

    Then again a bird in the hand is worth 2 in the bush as they say and 0.008 is 60% above 0.005

    If anything I thought this confirms 0.005 as the base, but no doubt makes 0.009 a bit harder to crack, my one fear is that the company uses this momentum and positive sentiment to do a capital raising via a rights issue or SPP as this would completely kill the momentum we have

    The company doesnt need cash but then they did do the placement to Pato's

    They should sell their GER shares first to raise money if they need it
 
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