PAB 0.00% 0.4¢ patrys limited

rights issue and capital raising, page-22

  1. 604 Posts.
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    Redant did you purchase shares in PAB because you see it as an investment opportunity in which to make money or because you wanted to assist or help the company?
    If its the latter then why not just make a donation.The reasons for not taking up the RI in simple terms was that it was trending down and technically appeared at the time that it would fall below RI price.

    I personally like what the company is doing and have invested for the potential gains I think it can provide.The fact that it may save or prolong lives is a bonus.

    If you want a lesson in falling in love with bio stocks or any other for that matter check out the PRR thread this was once the next big thing rallied to highs of 40cents not to sure where it is now,I havent looked since I cut my losses and got out.
 
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