PBI premier bionics limited

re: brw magazine more sales, page-10

  1. 1,570 Posts.
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    re: brw magazine more sales Blokes, I spoke to management when they raised the issue about approval for a further capital raising. I noted that they had informed me that after their last raising, that they wouldn't require any further raisings for quite some time.
    I was informed that they didn't need to raise capital at present. It was merely to have approval to raise capital if something attractive came along. A war chest. Pity the market didn't see it that way. Has been hammered since.
    Stock has been very disappointing to say the least.

    Noggie
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