re: Ann: Sino Gas - Raising $10.1 Million via... Clearly 10 million secures the activities of the company going forward and in that benefits shareholders as it provide even more time for the under performing management to actual achieve its goals and deliver.
What does not sit well and is the common theme with SGE is the % equity it gives away to others at each step to move forward. Am sure the comment will be that the oppie holders had the change to jump in but !. Highly likley some good news will get announced in 1st Qtr 2013 which is good for existing and in particular new shareholders.
Hopefully they have not oversold the CBM activities which have zero value.
re: Ann: Sino Gas - Raising $10.1 Million via... Clearly 10...
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