LKO 0.00% $1.00 lakes blue energy nl

is this bad news?

  1. 32 Posts.
    Lakes Oil to farm out interests in Gilbert Blocks...Gippsland Offshore Petroleum today lodged a prospectus with the ASX and ASIC for the issue of shares with accompanying options, and in due course shareholders in both Lakes and Stellar will be offered a priority allocation to the issue...is this bad news for LKO, it is down 2%.
 
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