It is a further expansion of the at market issuance program. PBT can effectively raise money at market paying a 3% commission. Hopefully they don't cap the price every time it looks like rising. If I were the company I would be utilising this facility at a slow rate unless someone wants to build a large strategic stake.
Judging by the size of this available raising it looks to me like PBT are planning to go it alone with PBT2.
Ann: Prospectus Supplement , page-4
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $42.56M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 300000 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.5¢ | 31517 | 1 |
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