sounds familiar!

Today's announcement concerning CXU has at least pulled the SP up a little. Whilst I'm not sure whether this is one of TS's brilliant moves, there were some disconcerting factors about it. Once again it is a WA company - there is an incestuous type of relationship with all these companies out of St George Terrace and surrounds. TS does not venture into the East. The other thing was in the body of CXU's release:
"New Issue of Shares
The Company has today issued a total of 3.4 million fully paid shares to various parties for the provision of on-going corporate advisory services, market development and for the introduction to new capital markets in both Australia, and internationally, including the UK, USA and China. The Company believes these services will facilitate the advancement of its substantial uranium portfolio in Australia and Argentina as outlined above."
Doesn't this all sound familiar! Shades of the sale of Cape Lambert! Who are these various parties? Surely not our corporate advisors and facilitators out of Melbourne
We will probably never know as per CFE's sale.