PLS 1.39% $2.84 pilbara minerals limited

Ann: Pilbara Raises $12m in Placement, page-145

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    Hi SoS, as was noted by PirateBooty the original SSP failed to collect the desired funds, so if anything, I would say entrusting the retail holders to provide the required funds was the mistake. You yourself being a business owner would appreciate that you cannot take lightly any decision that could jeopardise cash flow. Management have already been burnt once so why shouldn't they be able to approach sophs, namely those that would offer certainty.
 
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