I refer you to a response from Dennis to Susie07 in late Feb..re share price/capital raising etc.
My theory, partly from this response, is that this well looks like a producer..and straight after initial oil
indicators etc. GGX go to market for additional funds..A lot easier to convince an investor to part with $2.5mill when you know you are on a winner.? I hope I am right.
Cheers
up she goes, page-15
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| GGX (ASX) Chart |
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