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Thread: SeaDragon

  1. 21-08-2018, 09:09 AM #991
    winner69
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    1 for 1 rights at $0.0033

    Is this the equivalent to a halfpenny or a farthing in old currency?

    SEA not even a penny stock .....but going to get close to 10 billion shares is some feat
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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  2. 21-08-2018, 09:23 AM #992
    Balance
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    Quote Originally Posted by winner69 View Post
    1 for 1 rights at $0.0033

    Is this the equivalent to a halfpenny or a farthing in old currency?

    SEA not even a penny stock .....but going to get close to 10 billion shares is some feat
    Oops! SeaDragon has done it again!

    https://www.youtube.com/watch?v=CduA...i-ZAn7EVKO6mrr

    Shareholders must be thinking of the appropriateness of : "GIVE ME A SIGN! HIT ME, BABY, ONE MORE TIME!"

    Capital raisings (or rather life support) :

    $14.9m in 2018
    $13.9m in 2016
    $12.5m in 2015
    $6.6m in 2014
    $2.9m in 2013

    Remember that the capital raisings in 2016 were supposed to meet the company's capital requirements, working capital, fund growth and retire external bank debts!

    Back to the shareholders who are sitting on 60% losses from the last 2 rights issue.
    Last edited by Balance; 21-08-2018 at 09:25 AM.
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  3. 21-08-2018, 09:27 AM #993
    Balance
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    But maybe this may be more appropriate?

    https://www.youtube.com/watch?v=lDK9QqIzhwk
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  4. 21-08-2018, 10:35 AM #994
    ari
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    Eligible shareholders who subscribe for their full entitlement of new shares under the
    offer may also apply for additional shares through an oversubscription
    facility.......yeah right!

    It appears that their ongoing refinancing saga has effected oil production.....their just ain't any hours left.
    Last edited by ari; 21-08-2018 at 10:52 AM.
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  5. 24-08-2018, 01:03 PM #995
    JayRiggs
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    what's the point of participating in the capital raise at a premium price of 0.33c when you can buy the shares on market now for 0.3c!
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  6. 24-08-2018, 01:14 PM #996
    ari
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    Quote Originally Posted by JayRiggs View Post
    what's the point of participating in the capital raise at a premium price of 0.33c when you can buy the shares on market now for 0.3c!
    Just like Trump...The walls are closing in...
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  7. 24-08-2018, 01:28 PM #997
    blackcap
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    Quote Originally Posted by ari View Post
    Just like Trump...The walls are closing in...
    No need to bring politics into it. Trump is going to be fine. Still favourite to win in 2020 looking at the markets. But SEA looks like it is in its death throes. Not sure what can save them. Surely people are not going to throw good money after bad anymore?
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  8. 18-09-2018, 10:55 AM #998
    ari
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    Quote Originally Posted by JayRiggs View Post
    what's the point of participating in the capital raise at a premium price of 0.33c when you can buy the shares on market now for 0.3c!
    And now 0.2c!
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  9. 26-09-2018, 12:11 PM #999
    ari
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    Anyone have update on capital raising? Last I read, it had reached $460k
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  10. 26-09-2018, 12:13 PM #1000
    Sideshow Bob
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    Quote Originally Posted by ari View Post
    Anyone have update on capital raising? Last I read, it had reached $460k
    Sounds better if you say that over 139,000,000 share have been taken up!
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