Time will tell..
But, many ways to create and shareholder appreciation. For example, an entitlement CR with 50% discount one 1:1 share basis (as was the case with one of my other shares -pyc), would, in this case raise approximately 5million and have shareholder value prioritised, IMO.
Given the oversubscription on the last spp, a good option.
Hope to keep posting here, it's been fun, see what Wednesday brings, and hopefully these theories proposed simply fade to grey.
Ann: Trading Halt-PTX.AX, page-7
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Last
4.0¢ |
Change
-0.004(9.09%) |
Mkt cap ! $32.21M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 4.0¢ | $11.08K | 263.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 219550 | 4.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.3¢ | 172342 | 1 |
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| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| PTX (ASX) Chart |