Agree @Hiro it only seems to be the salty ones that missed the run from 20c to $5 and fail to attribute the oil price collapse to any of the share price damage to LNG's share price. Hey if i was lucky enough to get on board LNG for the ride to $5 i'd be pretty happy with MB's leadership and role, would be my fault for not taking any substantial profits off the table along the way.
On the placement front, pretty disappointed to be honest that the company failed to take advantage of the good news and price momentum when we witnessed a push to 25c, to then turn around and raise at 15c.
The only positive i see is that they have started to get the message and business plan out to wider groups of brokers and larger investors that have started to come on board. Just a shame we are seeing further dilution at 15c.
Make no mistake, MB & MC need to deliver.
GEV Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
