BRK 0.00% 1.0¢ brookside energy limited

Ann: Trading Halt, page-106

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  1. 23,849 Posts.
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    @danpech . I fully understand the raising of capital to fund future project and to provide cash flow. The timing of this raise is what I would like to discuss. Some where between 5 to 7 has been discussed and deemed achievable once flow rates in 2 or3 weeks time, why not raise then? Why not let it get some value behind the stock price and some moment from the jewel well then raise at a higher price?
    what if flow rates aren't that good and the sp falls what then raise at a lower sp they can't afford to bet on flow rates .
 
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