Yeah that's it
I was happy to see them get through the bushfire in the Hunter region, a global pandemic, shut-downs in Victoria (gelong), state border closes, trade war with coal in focus, collapse of coal prices. With a mining services business still making profits and growing.
to me this demonstrates they are good operators.
Alot of other companies went for the capital raise during the peak of the pandemic, notably the bnpl companies, your msb.asx of world, quantus etc. All for their own reasons.
let's see what comes from the announcement, but if its done for cash to grow the business in way of increasing supply or demand for bnnt, then it could be a good thing right?
just my opinions, make your own mind up, good luck to all
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