BOE 2.86% $4.07 boss energy ltd

Ann: Successful $120m Equity Raising, page-47

  1. 255 Posts.
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    Boss having the potential to get to production during the peak of this incoming bull cycle is why it is easily the best U stock to own on the asx.

    Director sell-down to reduce SH dilution (not that it'll make any difference). +15% Shares on Issue to fund this project is A-OK with me.

    PDN got to $4B MC during last bull cycle, I suspect we will surpass that and will be able to get anywhere between $15-25/share.

    Speculators (myself included) are loving the prospects of the microcaps and current returns; but will be eclipsed when push comes to shove and utilities need to secure U. Boss will capitalize on this with an almost first-mover advantage.

    This CR has, without a doubt, been very well-timed. We may see a correction in the U market and capturing this CR at these prices, with this timing, is as good as SH's could hope for. I would only think the short-term traders looking for short-term jumps in SP$ will be the only ones wearing grumpy pants.

    As a medium term investor, this is nothing short of outstanding. imo,dyor
 
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