PSA 0.00% 2.1¢ petsec energy limited

cash and the buyback, page-6

  1. 3,225 Posts.
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    Just a thought

    Since a primary reason for the buyback was to allow shareholders "who do not wish to support the Company’s newly announced acquisition business plan in the USA" a chance to sell their shares, does this mean that shareholders who DO support the new direction will be asked to show their support via a capital raise to facilitate any such acquisition?

    Cheers

    Dan
 
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