PGC paragon care limited

Acquisitions and rights issue, page-15

  1. 11,400 Posts.
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    Can anyone give a summary of the article in The Australian? I'm off-shore and don't really want to subscribe for 1 article.

    53c is a tad lower than I would have liked but if its a substantial sized raising (i.e. 44million as posted here) I can see why the discount.

    Interesting that they didn't try a scrip-takeover and allow them to retain some ownership of the company. Probably could of gotten it cheaper.
 
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