Fair point haha, have read it properly now - was a very busy morning so only skimmed it very quickly and missed the $0.85c. Still, out of interest, if they are effectively raising at a 50% premium via the flow-through mechanism, why does the market seemingly treat the stock as if it was a normal cap raise at 85c?
Ann: Patriot Announces C$75M Flow-Through Financing, page-20
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Last
40.0¢ |
Change
0.010(2.56%) |
Mkt cap ! $241.4M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 40.0¢ | 37.0¢ | $282.4K | 743.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 67243 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.0¢ | 24204 | 2 |
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| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| PMT (ASX) Chart |