HOG
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0.00% 0.3¢ hawkley oil and gas limited

capital raising?

  1. Arbroath
    716 Posts.
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    07/04/13
    12:08
    Post #: 11612468
    With the absence of any comment as we slide from 10c to 6.5c is anyone sensing a capital raising?

    They have cash to pay for the new license but unless 202 gets sorted I doubt 201 will provide enough free cash to drill the new license next year.

    HOG certainly has been a bit of a dog. Still breathing though.
    HOG Price at posting: 6.9¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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