STX 0.00% 21.0¢ strike energy limited

why announce a capital raising now..?, page-7

  1. tui
    6,120 Posts.
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    I saw and spoke with David Wrench at the O&G last week in Sydney. This is bad planning to have 2 successive cap raisings. They should have waited for the results of their drill first. This is just giving it away. Thank goodness I sold down 1.05 m last Friday.

    The next 2 drills could surprise on the upside. I hope so.
 
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