PRX 20.0% 0.2¢ prodigy gold nl

Ann: Operational and Corporate Update-ABU.AX, page-4

  1. 2,475 Posts.
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    G'day Bob very smart trade whom ever SNATCHED over 500,000 at 0.06 cents!

    I would imagine there would be those that have sold a portion of there holdings
    thinking they would have be able to top up again pre-Ex date once the rights issue
    was tabled.
    The recent deferral means we should HOPEFULLY receive drilling results prior
    to any proposed capital raising through a Rights Issue to share holders,
    therefore those that sold in advance are now between a rock & a hard place
    they will either have to accept reduced holdings or face the reality of having to
    now jump back in at a higher price than they sold- or miss out, this is likely
    to further drive the share price in my opinion.
    Good luck to you Bob-GO ABU
    salt
    Last edited by Saltiga62: 02/06/16
 
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