PSL 17.7% 1.4¢ paterson resources ltd

Ann: Capital Raising Completed after SPP Closes Oversubscribed, page-19

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  1. 303 Posts.
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    I believe most but not all of the sellers at 0.4c are the ones who wanted to get out at break even price as they averaged down their buying price by participating at first SPP. Once 0.4c sell wall breaks down the price would move up much faster on good news.
 
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