seems risky/wreckless to go after an acquisition (if it costs $100m) when you still have yet to de risk the flag ship, have cash flow and have a debt facility over your head.
considering they could wait a few months for a share price improvement as production nears and raise the capital at a much lower cost. It must be a bloody good asset if it is an acquisition otherwise I am very interested to see if there's a predator knocking about or if it's a blatantly poorly timed raise.
TIE Price at posting:
58.5¢ Sentiment: Hold Disclosure: Held
