As ive previously stated, it's a really shitty way to raise money. It either provides arbitrage and encourages selling, or shareholders have to pay a premium to take part. Virtually the entire time, which is gonna blow out to near 2 months, the share price has been below entitlement price. 2 months is just absurd too, in no world is that a reasonable turn around time to raise some capital.
Having said that, I still think the company has a good future, lots of good prospects. Cap raise stinks but, what a waste of time.
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peregrine gold ltd
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28.5¢

Ann: Extension to Entitlement Offer Closing Date, page-5
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Last
28.5¢ |
Change
0.015(5.56%) |
Mkt cap ! $24.60M |
Open | High | Low | Value | Volume |
27.5¢ | 30.5¢ | 27.5¢ | $448.1K | 1.534M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 100000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | 0.285 |
2 | 24285 | 0.280 |
1 | 10000 | 0.275 |
7 | 107625 | 0.270 |
1 | 2000 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 100000 | 2 |
0.310 | 20172 | 2 |
0.315 | 50000 | 1 |
0.320 | 9999 | 1 |
0.340 | 75000 | 1 |
Last trade - 16.10pm 22/07/2025 (20 minute delay) ? |
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PGD (ASX) Chart |