Phoned the company and found that they have been placed a while ago to institutions and some large stake private investors.
This make the wording of this announcement a tad ambiguous??
The spokes person suggested I look at the share registry soon after the prospectus was voted on at the general meeting.
"Shareholders’ approved the company’s acquisition of the Galilee Gas Project and the associated $2 million capital raising by way of a share placement at the General Meeting held on 27 July 2009."
The date to watch is the 27/10/2009 when these cheap shares and options are listed.
Still happy with what I've picked up in the last month or so.
Good luck all holders as the drilling program starts.
EXE Price at posting:
27.0¢ Sentiment: LT Buy Disclosure: Held