It is certainly dissapointing for all to see the share price fall so much in the last few months and a capital raise at what I think will be the new floor price. Only positive I can see is if we look at the pain PLS went through and the ebs and flows of their share price to a low point back in 2020 and see where they are now. Can only hope that CXO will one day put on thier big boy pants, take off the training wheels and also be another PLS in the making (or get taken over along the way like GXY).
DYOR
Cheers
Rooey
Ann: A$100m Underwritten Institutional Placement and A$20m SPP, page-162
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