Rights issue and placement price was less than I thought at 30 cents.
Nevertheless I don't understand the sell down on what is a great coking coal story unfolding. Took the opportunity to pick up some more which will be cum rights after the general meeting I presume.
I don't expect it to be down here for much longer when funds you assume would have been in the know were pushing it up to 43 cents just before its suspension.
BTU Price at posting:
31.7¢ Sentiment: Buy Disclosure: Held
