You dont raise capital during drilling campaign just so you have cash in the bank so that stock wont drop as hard if unsuccessfull. That is sillyyyyyy.....And if management have done CR for that reason then they are sillllyyyy.
The cash in hand will not stop the slide. Trust me on that........
Assets is always better than cash in hand, what he share price will be rated on. Lets hope A1 is full of gas and condensate.....
The SP is sliding cause CR was a left field event, seen to be negative.
IMO it will drop down to mid to low 30s, begore subsequent drill report...
If A1 is unsuccessfull down to 6cents IMO history always repeats....
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