Maybe I am missing something but this is how I am reading the room.
The ASX COVID-19 emergency capital raising rule allows the company to efficiently conduct a SPP along-side a Capital Raising. They can do it. It can be done. The rules allow for it.
Some PM1 shareholders are adamant that they don't want the company to conduct a SPP to allow them to participate in the capital raising at the same discount price that shares were offered to sophisticated and institutional shareholders. That makes no sense to me what-so-ever!
I wonder whether posting emotive big dick swagger rebuttals is actually an sign of being too timid to stand up and ask for what is reasonable and in their own interests.
PM1 Price at posting:
2.6¢ Sentiment: Hold Disclosure: Held
