You are being polite Essa.... Peter obviously knew, he still basically runs the company in all but name.
Courtesy of Pb on the GCY threads, it would seem they are raising a cool $100m at $2.10. Fairly steep discount, but... it is WGX. From memory, I thought they had approx $100m in liquidty already....
Considering the company has beel CLEARLY stating again and again that the are now slowing down on large capex spending and focusing on their core business, it seems a strange move with POG in AUD being so high. Margins should be very good for WGX right now...
WGX Price at posting:
$2.44 Sentiment: Hold Disclosure: Held
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