Correct me if i am wrong but a 10% raise which is all we can raise without a vote put to holders at say .16c will only raise 5.5m before we give fundies fees for handing said raise ?
So it pretty much rules out any sort of CR in the traditional sense to fund our P3 trial in my books
With a CR we would need to pretty much double our SOI with a CR at .16 !?!?!? Even to fund 25-30% of the trial we need to increase our SOI by near 100m i just can't se PR and Co doing that surely not even PR is that daft!
So we could head down the path of an OCC styled deal prehaps ?
The Funding Paradigm., page-14
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PAR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
19.0¢ |
Change
-0.010(5.00%) |
Mkt cap ! $66.54M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.0¢ | $203.4K | 1.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 387930 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.5¢ | 65468 | 2 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PAR (ASX) Chart |