PLS 3.86% $2.74 pilbara minerals limited

Ann: Investor Presentation for Equity Raising, page-20

  1. 149 Posts.
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    Why would anyone sell now before receiving their entitlement (1-7)?
    I would have thought a buying frenzy after the TH to acquire MORE share to be the favoured move,(@ .36 its money for gam)
    (thus increasing the SP) ,so where am I wrong in my scenario and why are people speculating the opposite ,after the TH is lifted.
 
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