PHO 0.00% 3.4¢ phosco ltd

trading halt capital raising, page-17

  1. 5,302 Posts.
    Kevin Nichol knew cap raising price was at .36 yet he was buying oppies at .32 and heads at .50

    what does this tell us

    if he wanted more cheaper at .36 he could have done a spp where he can participate, yet he chose not too

    Only conclusion is that fund managers and institutions wanted in and get a big slice of the pie, so he had to bow to their wishes

    only one way for this company to go. Up.

    Regards
 
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