SBR 17.7% 1.4¢ sabre resources limited

update, page-39

  1. 164 Posts.
    lightbulb Created with Sketch. 12
    Hmm I am not so sure slogger, it appears we have to vote on them issuing another 10% of shares in the next agm. This would be on top of the 10% they can routinely issue in a 12 month period....

    Of course this might be a good thing becuase it may mean they they are going to have a lot of rigs all drilling at the same time but I am worried about further dilution particularly at these prices
 
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