My limited understanding is that it's bad for current shareholders, our shares get diluted, and more incoming peeps will be getting theirs at a discount.
I expect sub-20c in the next month
The upside is that the board at Pantoro has had a good track record and seen to know what they're doing.
News: PNR Pantoro Ltd Acquires A 50% Share In Central Norseman Project, page-14
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Last
12.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $806.7M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.0¢ | $498.7K | 4.028M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1446042 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 12.5¢ | 1533711 | 14 |
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| Last trade - 16.10pm 10/10/2024 (20 minute delay) ? |
| PNR (ASX) Chart |