fingers crossed this can break .85 today and nudge towards .9.........guru was as close to being right as anyone else sticking their fingers in the air (like me)....could be 1p by friday? Cmon Guru any other predictions ?
Solo Oil Plc (AIM: SOLO) announces a that it has drawn down the first US$1 million of a US$5 million 3-year debt facility secured today, and has closed a Placing of £760,000 at 0.95 pence per share and a conditional Placing of £1.5 million at 0.95 pence per share which relates to a Placing and an Equity Swap Agreement with YA Global Master SPV, Ltd. ("YAGM"). YAGM has agreed with the Company that they will not dispose of any shares acquired under their agreement for an initial 2 month period.
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