re: Ann: Sino Gas secures A$29.4m Funding to ...
Appreciate your posts DavidWH, certainly a different perspective from that commonly tossed around.
The 10% per day limit would be significant and would change my views regarding potential short term trading by ST. How'd you get to know of that? I've not seen it in the published terms of the agreements that I've previously seen them involved in, and I am somewhat surprised that companies would not include that in the terms they advise to shareholders.
Similalry, if Springtree are not able to actively trade out of their monthly parcels for profit then, as you say, that would be a significant vote of confidence.
Looks like we are all in the same boat as to our longer term views and perhaps I owe auwiga an apology.
But I'd be keen to hear more about this term in the agreement if you can enlighten us further.
SEH Price at posting:
6.8¢ Sentiment: Buy Disclosure: Held