Gentlemen,
This latest capital raising will serve to consolidate the SP around current levels in the short run.
The market is waiting however for MB to finalise the supply arrangements for the Atlantic Project and then secure the final approval for the design of the ships; both anticipated to occur this financial year.
You'll look back at the 0.40 - 0.45c trading range and wonder why you didn't buy more.
GEV Price at posting:
43.0¢ Sentiment: Buy Disclosure: Held
