Its amazing how the SP of so many companies jumps prior to a...

Its amazing how the SP of so many companies jumps prior to a capital raising so that the company can take advantage of a high issue price. Companies often announce good news prior to capital raisings to maximise their SP.

Why havent we taken advantage of our situation? On the back of the Mongolia success and investor interest, we should have issued capital at a decent price.

Sure its hard to predict a market crash but we were in a good position and we should have taken advantage of it. Now we are back in the pack.