SFG 20.0% 0.3¢ seafarms group limited

Ann: SFG Completes $92.5 Million Equity Raising, page-3

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  1. 4,772 Posts.
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    I'm amazed they got the funding away within the 2 days of the TH. I expected it to go into a Vol Susp to complete the fund-raising.

    Disappointed to see the number of shareholders selling down so low, but I guess it could be an indication of those wanting to have funds for the SPP. If that's the strategy then they've made a few dollars which is not to be scoffed at.

    It will be interesting to see if it can recover - maybe the price will hang around these lower levels until the debt is completed. My feeling is the banks will be feeling very comforted by the company raising $92.5 million in 2 days!

    The $64 billion dollar question - when are the banks joining in the party?
    When that is announced.....

 
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