Just an idea, why don't PLS complete the CR at 30cents, then issue Options at 1 for 5 @ 30cents exercise for all Shareholders, keeps everyone happy.
All going well, 400 Million Options on issue by 30 cents is 120 Million.
Assuming it is 30 cent issue.
Anyone that has a short position can buy the options exercise them and close the short. More money in the bank for PLS.
Or if they are short now, they are subscribing to the raising and closing their short positions.
Just an idea, why don't PLS complete the CR at 30cents, then...
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Last
$2.97 |
Change
0.060(2.06%) |
Mkt cap ! $8.942B | |||
| Open | High | Low | Value | Volume |
| $2.96 | $3.02 | $2.93 | $100.8M | 33.97M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 716181 | $2.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.98 | 235000 | 1 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PLS (ASX) Chart |