PEK 2.50% 20.5¢ peak rare earths limited

placement to sophisticated investors

  1. 1,140 Posts.
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    I think the company has done well and I also think are going to get good value for our investment in PEK no problem but it really annoys me with the placement to sophisticated investors. How many on this forum would have bought shares at 46 cents? I reckon they could have sold as many as they liked. I know it's a quicker way to raise the cash and less trouble but I guess that's the price you pay for not being sophisticated.
 
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