PCK 0.00% 3.0¢ painchek ltd

Ann: Trading Halt, page-41

  1. 1,447 Posts.
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    You're right unfortunately, this is a classic Pattersons raise to their SI mates. They will dump this back to 5c and take any dollar they see in the ST.

    A week ago we were 8.7 on the back of a core announcement, now a disappointing raise at 5c. On the plus side the raise amount is fairly small so they must be confident it will cover FDA approvals, childrens app development and worldwide commercialisation.
 
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