BSX 3.70% 2.8¢ blackstone minerals limited

Ann: Blackstone to raise $21M in Placement and SPP, page-136

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  1. 614 Posts.
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    This has been my thinking and if they miss today I'll understand from a business operating perspective, e.g things come up. But from an optics view, it's pretty poor given he's publicly said Sept Qtr a few times. He comes from the investment community so I'm sure he's well aware the importance of hitting dates to an MDs credibility. He did also say in interviews that he would keep dilution to a minimum and we were fully funded, but then we went and did a CR at 15% discount, 3 weeks prior to some decent price catalysts being due. Not saying it was good or bad, just that it didn't align with his previous messaging.

    I'm just hoping they release today/tomorrow, SP goes up and they close SPP on a first in, first served basis as I already paid up last week.
 
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