Interesting to see how this plays out for sure, I think the raise is bigger then it needed to be. Amazing come back, don't rate them as explorers and not a fan of their corporate costs, but they are willey on the corporate front IMO.
the high MC and slow news front IMO is what the will set this back,we all know how fickle this market is when the hype dies down, no patience at all. it's good the oppies was not set at a low hurdle (one of my biggest hates with small caps) at least additional dilution won't occur unless there is a real find. kinda made me realise how WA1 is truly one of a kind.
GLAH, especially the long termers. will be keen to see the news flow from here.
Ann: Placement and Rights Issue, page-21
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