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Ann: Trading Halt, page-9

  1. Trial99
    2,893 Posts.
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    04/08/18
    18:10
    Post #: 34723030
    If the funds are needed then the company had an obligation to inform the market. ~ Are you suggesting they are in criminal contempt of the ASX?
    Wonder what motivation would cause a board of directors to issue shares to 'sophisticated and institutional investors' for money plainly not required under the released market information.

    Have a few possible answers ….
    PXS Price at posting: 31.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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