92E 0.00% 50.0¢ 92 energy limited

Ann: Placement to raise A$2.2 million, page-11

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  1. 918 Posts.
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    Something doesn't feel right about this raise. I suspect it was negotiated when the price was higher. THen tower came out and some investors pulled out.

    The amount raised is odd, they could've gone a lot more. They have a habit of going for what they can get. But the price was a premium. I bet after tower was released they revisited their draft bids and some pulled out.
 
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