EXR
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5.97% 7.1¢ elixir energy limited

Thought the 27c that Sophisticated Investors paid would have put...

  1. ronstieb
    9,054 Posts.
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    19/06/08
    15:03
    Post #: 3881872
    Thought the 27c that Sophisticated Investors paid would have put a floor under the sp at ~27.5cps.

    Currently trading at 26-26.5cps so I guess the Rights Issue underwriter will be funding a shortfall ?
    RI closes 27-06-08 unless EXR extend it

    Only near term positive news I'm aware of is the pending result for the High Island well workover, aiming to re establish higher gas flow rates.

    If successful, that might be enough to get us slightly over 27cps ?



    EXR Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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