As a Newbie to share market and a small holder of PEK shares can someone please explain the process to take place re. this new placement also where do these Canadian`s fit-in to the equation.....
Institutional Placement
The Company has agreed to place 11.3 million new ordinary shares at $0.28 per share to Australian
and international institutional and sophisticated investors. The Placement will be made in one
tranche to be issued immediately under the Company’s 15% capacity, pursuant to ASX Listing Rule
7.1. Settlement is scheduled for Friday, 25 November 2011
THX in advance Humus67
institutional placement...........
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