Hi guys Dont hold at present as I took a quick 10% profit on my...

Hi guys


Dont hold at present as I took a quick 10% profit on my holdings last week as I was getting frustrated with the poor volume. However, here are my thought. I think the raising and timing should be looked at along with the Aussie dollar. they would be able to pay down 10% more dept than two weeks ago with the move in the $AUD

A corner stone investor may even apy a premium to the closing SP for a big chunk of shares, companies have occasionally done this when issuing new shares, i remember COE issued shares to acquie some assets at50cents even when the SP was 42. the reaction was positive and pushed price to 48 on the news.

Overall cap raising although a little premature imo shoould be good for company and SP, it will also reduce the need to continue to hedge production to the same degree which increases future upside