WGO 0.00% 35.5¢ warrego energy limited

Ann: Rights Issue Shortfall Notice, page-45

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  1. 4,906 Posts.
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    When was this CR ever a referendum on whether we should take a certain pathway to funding or surviving.

    I believe DC spelt it out in the CR documents that they would be looking for a partner as well as raising cash.

    DC has spun this result as if it was a vote for one thing - 'CR' - or another - 'get a partner'.

    The result was neither.

    It was a clear message to the executive and the board that the Shareholders are extremely disappointed and p155ed off

    This announcement is a nonsense and a disingenuous attempt at the very least to deflect the real position of the company.

    The tribe has spoken.

    Cheers
    BW  

    PS BTW who exactly were the strong and weak hands in all this. Just referring to a previous jibe.
 
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