PAB 0.00% 0.7¢ patrys limited

when not if for pab now, page-32

  1. 5,279 Posts.
    Mak. I don't believe Patersons are involved - BBY and Azure. They're contractually obliged until March 17. After that they can place with whoever and at whatever price. With $11m in the bank, I'm sure they can go without the extra $6m for another 7 weeks. PAB's acting as though this is their only window to raise money.

    I think the question should be put to them - "If the recent developments are as ground-breaking as you are pitching to us retail investors, then how can you justify 'giving away' stock at the same 5c?"
 
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