rayray1109
RE: PAB
Assume you buy 500k at 6.5c for $32,500
Rights issue is 1:2 so another 250k at 5c for $12,500
Average is 750k for $45,000 at 6c
Have to hold overnight until next Monday's record date from what I understand
Stock has to hold 6c+ for the next week and a bit
On that basis, I think it is smarter to simply wait for the dump and buy
6c average isn't all that flash
