CXY cougar energy limited
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What's wrong with their $10M credit facility? Surely that's a...

  1. JustB
    14 Posts.
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    28/06/10
    22:27
    Post #: 6848519
    What's wrong with their $10M credit facility? Surely that's a better option as the weighted share price would be higher than the current 8.1c. I don't suppose the capital raising would be at a price above 8.1c???

    If they needed cash, would it have been too much to ask for a capital raising BEFORE the markets turned ugly and the share price tanked ~50%?

    Fingers crossed some REALLY good announcements follow promptly.

    CXY Price at posting: 8.1¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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