PCK 5.88% 3.2¢ painchek ltd

Ann: Underwritten Share Purchase Plan to raise AUD $2.5 million, page-36

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    Rav you are either a sandwich short of a picnic or on the wind up. You are aware there is a CR 11th March at a price likely to be 0.024cents. It would make no sense to be buying now at 0.03c when the SP will likely drop in the short term to match the CR price. This happens with all CR where the price drops to match when the CR is formalised and released.
 
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