I also don't like the CR but I think the time is perfect. I...

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narsingani

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28/10/21

11:02

Post #: 57139470
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Originally posted by mercsman: ↑

Good ole Scotty strikes again. Isn't his expertise supposedly in corporate financing?

It doesn't take a lot of skill to raise these funds in a supposedly globally significant nickel project at a 20%+ discount to a very recent high. He's done this before (exactly the same as last raise), so I guess it's not that surprising... I have learned that you can't believe a word SW says about minimising dilution and having plenty of interested parties wanting to invest (at a positive price for existing shareholders), as it's all talk, and he's yet to prove this since Ecopro's early investment.

He's even thrown in a stupid SPP which means an even longer period of seeing the share price struggle... expect BSX to sit in the $0.55-$0.70 range for many months, thanks for killing the positive momentum SW!

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I also don't like the CR but I think the time is perfect. I believe he wanted to do a CR for months but was waiting for a SP to raise and then raise so discount is justified to the LT shareholders. I also think the SP will not fall to the CR price but I could be wrong. I did recently experience with SYA and was waiting for the SP to fall when they did a CR but it went the other way so you never know. Plenty of news flows would probably keep the positive momentum.

BSX Price at posting: 69.5¢ Sentiment: Buy Disclosure: Held
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I also don't like the CR but I think the time is perfect. I...

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

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Essential Energy conference: Streamlining approvals key to the green energy transition

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I also don't like the CR but I think the time is perfect. I...

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Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

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Essential Energy conference: Streamlining approvals key to the green energy transition

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