CNX 0.00% 7.4¢ carbon energy limited

i dont get it, page-11

  1. 10,598 Posts.
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    CK IPL were not selling they were temporarily diluted (due to new share issues) and have taken the share offer up to rebalance. This is only temporary and has been issued to the ASX as a explanatory note.

    Why CSIRO have sold some ? I dunno. One has to make guesses. Have they been politely asked to do so ? Wish I knew that one.

    I need to check the last ann but I thought it said that they have been successful in raising 2/3 of the funds required at 0.43 cents. The raiming 1/3 is to be issued to sophs in July. Why would they take this up when they can get it cheaper on market ? Does this create a problem in terms of fully funding the way forward ?? SP behaviour has me flammoxed at the moment
 
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