Three stellar announcements in November 2013 from PAB, yet here we are at 5.2c and a miserly market cap in the hottest market sector atm. Goes to show what a dampener a capital raising(in this case a rights issue) can be, unless the announcements themselves were mere puffery.
I think of the recent good 'transformational'? company updates and wonder what would have happened if they had occurred with no threat of a cap raise in the air!
PAB Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
