PIL 0.00% 0.6¢ peppermint innovation limited

Ann: Peppermint raises extra interim capital to support progress, page-22

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  1. 8,032 Posts.
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    Thanks Crazy

    I have managed to run through the past announcements and funding arrangements, I must say it is a more than intriguing situation after hearing Christopher Kain mention the funding block was out of their control which in turn sent them into suspension yet they managed to fund the company very easily through 500,000 unit placements at 1 cent whenever required, this leads me to suspect there may well be far more going on than meets the eye here so will be watching with great interest as they resume trading.

    They certainly seem to have a business plan that looks to be on track while managed to continued to execute during the ongoing Covid lockdown as well as growing revenue significantly so you might see some decent interest come resumption of trading, it was also interesting to hear him mention the launch of a loans offering in six months as well.

    GLTAH, I certainly have it on my watch list now.
 
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