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6.67% 2.8¢ painchek ltd

Ann: Underwritten Share Purchase Plan to raise AUD $2.5 million, page-38

  1. zzcrebbi
    618 Posts.
    lightbulb Created with Sketch. 43
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    23/02/24
    14:33
    Post #: 72562174
    Hey Ror
    as you seem to be one of the more sensible PCK posters, is it conceivable that the SP could be pushed up with minor bids during the 5 days pre-11 March, resulting in an artificially higher Issue Price? meaning PCK don't have to sell as many shares for the $2.5m?
    I suspect i'm talking rubbish, but it just occurred to me watching the SP go up .002 on very little volume today.
    PCK Price at posting: 3.2¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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