Re WestcanprideAs you state everyone knew Fronterra suppressed the share price below 1.63 ...So why did you say the only reason Fronterra grabbed shares at 1.63 was because the share was over 2.00 before the deal was made. Fronterra did have the price manipulated down ..so the could take All the shares at 1.63..Ask yourself why????
Ever since Eagle 1 ...the cost overruns at Eagle
Monies to pay Japan drilling..operating expenses .Monies for thier share of drilling.
Where did you expect Cgx to come up with money..Banks? Hedge funds?PP how could they do a PP just after Eagle was a bust..Fronterra took a chance and it will pay off for them..I ve called them Gangsters here many times ...but its only buisness...When they did the rights offering at.25 they included All shareholders..they didn't have to
If not for Fronterra we would have been bankrupt Long ago...They saw an opportunity...they took a chance and hopefully will pay off for them and us holding CGX..
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