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1.94%

15.8¢ pacific edge limited ordinary shares

Its a necessary evil , the need for capital was hanging over the...

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449 Posts.

105

24/07/20

17:28

Post #: 46059985
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Originally posted by jellyroll: ↑

I can see this one from both sides. I would have preferred no raise but I can also see how it sets the company up and provides cash flow certainty. Also it is hard to complain about a smallish raise at a substantial premium. Clearly from the shareprice reaction today it would seem like a CR was expected but putting it all in to one shareholders hands looks like it may have caught a few people out.

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Its a necessary evil , the need for capital was hanging over the stock limiting upside, they got it done at a premium, great result. Hopefully the next one will be at well above $1

Price at posting: 69.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 15.8¢		Change 0.003(1.94%)		Mkt cap ! n/a

Open	High	Low	Value	Volume
15.6¢	16.4¢	15.6¢	$35.83K	223.4K

Buyers (Bids)

No.	Vol.	Price($)
0	12879	15.7¢

Sellers (Offers)

Price($)	Vol.	No.
16.4¢	76943	0

Last trade - 11.00am 04/10/2024 (20 minute delay)

PEB (NZSX) Chart