I have seen this before, I will / am putting money on it, that.... LPE are dealing with a big bank. every retailer in the land has a debt line with banks it is a credit wash and I am sure we all know banks, in there own time.
On this everyone thinks capital raise, they wont need it with debt available.
Origin, AGL, EA, CS, Stanwell all have 100million+ credit lines with banks, it is what they do, but setting them up is painful. The bank does NOT want to be the biggest investor.
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I have seen this before, I will / am putting money on it,...
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Open | High | Low | Value | Volume |
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3 | 235000 | 0.100 |
1 | 100000 | 0.090 |
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Price($) | Vol. | No. |
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0.120 | 827427 | 3 |
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