CVN 0.00% 16.5¢ carnarvon energy limited

Ann: Fully Underwritten Institutional Placement, page-16

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  1. 3,452 Posts.
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    15% of current market cap.......I didn't see it coming. Probably not needed in the short term, but at least the money is there when the next drilling program is announced. All those close targets.
    Will the sp climb to reflect the extra capital ?
 
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