Ann: Prescient Therapeutics Launches Share Purchase Plan, page-171

To all of you who are bagging IMU’s SPP.

PTX offered shares at 17.5. That brought the SP, which had been on a run, down from 21 to 17.5

IMU placed shares at 20. Guess what, at close the SP was up at 23.

so which, in the wider view, is seen as more positive by the market?

And before anyone says anything, I hold both. I’m fully supportive of both raises, even though I can’t participate in either (I live outside AUS). That’s because I support both managements, they’ve shown good judgement, they know stuff I don’t, and if I didn’t trust them my only option would be to sell.