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Have you read the spp announcement? They clearly said what the...

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LT_Investor

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28/04/21

14:44

Post #: 52784515
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Originally posted by Tremocos: ↑

That's what happens when you raise capital to: (i) maybe pay debt, (ii) maybe fund new wells, (iii) maybe fund a new partnership, (iv) maybe have cash in the bank or (v) maybe none of the above.

Investors do not like lack of clarity or direction moving forward.... Why would anyone have participated in the capital raising under these conditions?

My two cents, this 'enterprise' is and always was a speculative punt and I would suggest to any new investors not to wishfully think anything else until further developments. If it does turn out well, you will have plenty of chances to buy on the way up.

DYOR

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Have you read the spp announcement? They clearly said what the funds will be used for.

ATS Price at posting: 4.1¢ Sentiment: Buy Disclosure: Held
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Last 0.8¢		Change 0.001(7.14%)		Mkt cap ! $9.885M

Open	High	Low	Value	Volume
0.7¢	0.8¢	0.7¢	$4.809K	681.7K

Buyers (Bids)

No.	Vol.	Price($)
21	15173483	0.7¢

Sellers (Offers)

Price($)	Vol.	No.
0.8¢	2616928	3

View Market Depth

No.	Vol.	Price($)
20	15173464	0.007
9	7676324	0.006
6	2890000	0.005
4	3025000	0.004
3	3620000	0.003

Price($)	Vol.	No.
0.008	1619142	2
0.009	754571	4
0.010	702100	4
0.011	1523888	2
0.012	675000	1

Last trade - 15.00pm 27/06/2025 (20 minute delay)

ATS (ASX) Chart

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Have you read the spp announcement? They clearly said what the...

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