PEK 2.78% 18.5¢ peak rare earths limited

tough going, page-46

  1. 6,604 Posts.
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    I very, very much doubt they are thinking about raising cash now Shim.

    Firstly, they would have to give a discount to the current price which holders would hate and AH is our biggest holder.
    Secondly we dont need the cash now and the effects of the last raising did not go down well with anyone.
    Thirdly Ive just been told by someone from managment that we would have no raisings for a couple/few months.

    Perhaps, just perhaps, if an insto or end user wanted to take a larger stake on a long term basis it may be looked at. But dont expect any discounted raisings/placements in the near term unless it was something outstanding for the company.

    Thats how I see it anyway,

    Cheers Tretch
 
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