Yes - I have to admit I was wrong - just when I though their...

Yes - I have to admit I was wrong - just when I though their disclosure was improving?

I too do not understand why they needed to raise money, and certainly hope they fully briefed the insto's that took stock in the recent placement as there is nothing worse for a stock price than an angry insto hosing stock they are down 20% on.

Can't come to selling at these prices - 2x EBITDA even on downgraded numbers ($25m EBITDA ex OreXplore).
Going by the Q420 possible run-rate they could do $35-$40m EBITDA in FY21, but how much faith can you have in those numbers ....who knew, I bought in FY19 for an FY20 story that has become an FY21 story....and the entire cycle story has been wiped out by OreXplore and the build of new rigs!

Taxi...