In such a fragile market environment, doing a placement at 26c and toasting your clients money within the space of a week is not going to be good for business - for either BBY and SBR...and especially given you increased the size of the capital raising. A lot of clients are going to be seriously annoyed especially when they look over the shoulders at (for example) SIR.
Pretty $hit house right at the moment
Ann: Drilling Success Continues at Guchab , page-5
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