PXX 0.00% 1.2¢ polarx limited

Ann: Northern Star Underwrites PolarX Entitlement Offer, page-4

  1. 5,757 Posts.
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    J493,

    It is excellent news, because it does confirm that Northern star is definately interested in what PXX currently has . If shareholders do not wish to take up their entitlement then NST is happy to take them. Can't ask for more than that from a big 14 Billion Dollar Market Cap Company..

    More confident than ever that PXX has a big brother in their corner who could very well help fund some of their projects going forward.

    Takes a way a lot of the speculative nature of this company with a market cap of less than 25 million..

    Well done to management.
 
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