PXX
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0.00% 0.9¢ polarx limited

Ann: Change of Director's Interest Notice, page-13

  1. Roxrus
    22 Posts.
    lightbulb Created with Sketch. 10
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    22/11/22
    09:28
    Post #: 64909243
    I get the benefit of acquiring shares at $0.007 in the market rather than paying $0.008 via the rights issue. But it raises a pretty fundamental question - do you prefer giving money to the Company or giving money to the market? If there was a big difference in price then the argument to buy in the market would be stronger, but $0.001 per share is immaterial. My suggestion is - give your money to the Company because they can do something useful with it.
    PXX Price at posting: 0.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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