Management

This year SP has only had one spot above 20c. Since Dec last year LNG price has pretty much halved. SEH share price has been smashed and stands at current 7.7c. From April to June this year management has managed to secure $80million at 16cps. Some say th SP is down due to mismanagement and "poor well decline rates" (which I know little about). looking at CHN and LNG, in my opinion there was only one for the SP to go. Put simply looks as if management predicted this and raised while they still could yet pretty much every post has crucified them . I for one as a shareholder would like to congratulate them. Yes sure it diluted SP a bit nut I'd hate to know where we'd be with no cash.