PAB 7.14% 0.7¢ patrys limited

Ann: Appendix 4E and 2016 Annual Report-PAB.AX, page-9

  1. 154 Posts.
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    The possible reason behind the sp drop could be some stakeholders are 1) collecting cheap chips from weak hands and 2) waiting for the share issue at a very low price (say, 0.5c or even 0.4c) for reaching phase 2 milestone defined in the agreement between the company and the vendors. Again, I am happy to be proven wrong.
 
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