Ridiculous accusations aside, is your memory so short that you don't recall the BBY/Azure assisted pumpathon from 3c to 9c in November which just so happened to coincide with PAB's desperate need for money?
Hey look - 14m shares have now disappeared from the buy side at 5c. Must have been a genuine buyer who changed their mind. Certainly not somebody trying to dump stock at 5.1c - probably the last shortfall recipient.
The RI was the worst piece of capital raisings that I've seen - and it's effects are still lingering on. Now rather than pulling the plug on trying to place the remaining shortfall and lifting the weight on the share price - with a view to doing a placement at a much higher price - they are keen to do it at 5c. Why?
If yesterday's news was as groundbreaking as some here say - then why not cancel(defer) the attempts to place the balance of the shortfall at a ridiculously low 5c? Surely it would be much easier/quicker to place the balance if the share price was 10c?
If PAB had just announced new information on a 100% survival rate for all cancers, they'd STILL be pottering around to place the balance of this shortfall at this lowly 5c!
WHY ?
when not if for pab now, page-26
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