CXY 0.00% 0.3¢ cougar energy limited

Ann: Successful Share Placement and SPP Offer , page-4

  1. 223 Posts.
    Very disappointing indeed, this will put huge pressure on the sp for the foreseeable future. This cap raising could've been done at a much higher price if it was held off for a few months, but as it is a lot more shares coming in to the register at a very big discount. Not a good move for current shareholders Len
 
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