SEA 0.00% 16.5¢ sundance energy australia limited

capital raising, page-7

  1. RNI
    516 Posts.
    I wonder if it will go up or down tomorrow if trading resumes as it is expected to do. Could go either way. Had thought of selling a parcel and buying back lower due to the raise, but really very hard to tell.

    It appears the capital raise has been successful, as they extended it which is good news and also only given to institutional buyers. I think this will soften the bad news regarding the failed attempt to list in the US at this present time. They appear to have managed that situation fairly well all things considered, and there will possibly be a presentation (hopefully) connected to the capital raise information tomorrow.

    I have a feeling it will go up not down FWIW.
 
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