GGP
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0.00% 0.6¢ golden gate petroleum ltd

Hi BwestIn the announcement re the requested trading halt the...

  1. giarc63
    912 Posts.
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    16/06/12
    07:53
    Post #: 10311958
    Hi Bwest

    In the announcement re the requested trading halt the mention "pending possible capital raising".

    However people are getting ahead of themselves - we do not know the background of this CR or whether the "possibility" comes to fruition.

    And why only "possible" - what else is lurking underneath?

    My guess - being the eternal optimist, is a CR in conjunction with a Joint Venture to start fast tracking our 110 wells in the Permian Basin - that is still the news that everyone awaits for this company.

    GLA
    GGP Price at posting: 1.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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