PAB 10.0% 0.9¢ patrys limited

Iceberg: "...why on earth would you want to raise $ 10 million...

  1. 12,948 Posts.
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    Iceberg: "...why on earth would you want to raise $ 10 million at 1.7 cents and dilute existing shareholders by nearly 40 - 50%?"

    Iceberg: A very good question indeed! I notice that you are a holder. What will YOU do: Take up the offer or not?

    From the sound of your post, you are quite pessimistic about the outlook here? Or did I get this wrong??

    Comments (also by others) on what they plan to do here with that CR most welcome. Not that it will be of consequence to me, as I as an overseas investor can anyhow not participate in this.

    But it might give me a hint IF I should add some more PAB stock (to average down) whilst the PAB share-price will be near that 1.7 cents mark...

    wasa
 
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Last trade - 14.14pm 28/03/2024 (20 minute delay) ?
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