announcement, page-18

"This initiative was undertaken to broaden investor interest and strengthen the shareholder base by introducing key international institutional investors onto the register ahead of the Artemis-1 outcome.
The appetite evident from prospective investors during road shows recently conducted in North America and London could not otherwise have been satisfied in the limited timeframe available ahead of this result."

I THINK THIS STINKS!!

I don't profess to know anything about Capital Raisings or the O & G business...but it strikes me as slightly strange that if the "appetite" of these investors was as stong as they are intimating then why did the SP need to be discounted so much if at all??!!
They way I see it we have been buying on market for years for some of us at prices much higher than this( and in some instances lower!) but we have had to wait and be patient, tying up valuable capital whilst the SP tracked sideways...yet these guys show a bit of interest so late in the game and Whammo!.. they get to buy in at the last minute( no waiting, no tying of capital) and at a substantial discount!!....

No equity!! ..in my mind if you want to get in after most of the hard work and waiting has been done then you should pay a premium for the privilege!!

Good luck to all LT holders...not long now!