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6.06% 3.5¢ condor energy limited

Ann: Capital Raising via Share Purchase Plan, page-15

  1. coppa1
    14,055 Posts.
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    11/09/18
    13:10
    Post #: 35520722

    I just think that the mcap is extremely high for what they have in hand atm, whatever they bring to the table will need to be pretty significant because the dilution to follow that will be even more significant.

    If the SPP is a success I will change my view, would rather have seen it underwritten, are JB and friends taking up full allocation at this level ?

    Will soon find out if retail are holding the bag
    BKP Price at posting: 0.7¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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