BUY 0.00% 0.4¢ bounty oil & gas nl

share placement, page-37

  1. 188 Posts.
    lightbulb Created with Sketch. 1
    re: opinions please? acturtle Strange timing for an issue. Management must know by
    now what the've got at Nyuni or a good guess as to
    what they might have. Surely if the prospects are good
    they would have held any offer of an issue until after
    the announcement and had more leverage to issue at
    better terms.

    On the other hand, if the results at Nyuni are only
    ordinary,now would obviously be the time to make an issue,while the sp is buoyant.If this is the case,don't
    expect any announcement of the Nyuini result soon.

    Another angle here is that the directors must have
    known that announcement of the issue at this price
    would sink the sp. Has this action been taken to allow
    accumulation prior to any announcement of Nyuni
    result.

    What is happening here. Any other ideas. Does
    anyone know if Aminex have taken any similar steps?

    I hold BUY. B&Y
 
watchlist Created with Sketch. Add BUY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.