HLX 25.0% 0.5¢ helix resources limited

Ann: Quarterly Activities Report, page-15

  1. 1,586 Posts.
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    Hlx is priced for a medium size cash raise soon. They have little more than 1yr cash left. Probably Sophs and shareholders at 2c say 100mil shares. Pity cos they haven’t  got a huge Amt on issue since the 80s. Maybe they can avoid with asset sale or they get gobbled up by oz min or similar.
 
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