The new board have said very little as to be expected.
Yes i know that there will be a spp out shortly for normal shsreholders.
I am not knocking the raising in a way it's quite a good move and I can see more money going to PAA then expected.
The cr price of 19 cents is below the 15 cents conversion price for the options out there.
Now if one only holds options then can convert for 15 cents.
If one holds both then instead of purchasing more shares via the CR why not just convert the options at 15 cents
Ann: Trading Halt, page-102
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Last
20.5¢ |
Change
-0.005(2.38%) |
Mkt cap ! $81.16M | |||
| Open | High | Low | Value | Volume |
| 20.5¢ | 21.0¢ | 20.5¢ | $87.97K | 426.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10300 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 261000 | 3 |
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| Last trade - 15.59pm 26/06/2024 (20 minute delay) ? |
| PAA (ASX) Chart |