Simcole - Very smart way to do SPP as it will encourage current AWE shareholders to hold onto their shares to ensure they are eligible for the issue in February. February of course will be fairly significant for the company with Cliff Head and Casino coming into production and Bass Gas well into full production. Share price with all these three projects going should see share price in excess of $3.00.
Confirms my view of outstanding management of this company. Have been a strong supporter since first getting in sub 40 cent level many years ago.
announcement, page-3
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