I genuinely believe that with a shortage of Gas, increasing energy prices prices would have rebounded over 30c which would have netted an extra 10 million (presumed share price of 33c with 10% discount) which could have been very beneficial in not only shoring up SP, but attracting investors by showing consistency in Cap raise offerings (this one is 26% lower in SP then the last) in addition to creating a bigger gap between the next one.
Unless the government grant is looking unlikely (no news at this stage) then i can not understand AU's justification for the urgency.
I certainly hope management do not use the current price for generation of share options.
Anyway i am done being a "negative nancy", GLHF to you all and i wish you good profits.
Ann: Successful Capital Raising, page-17
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