Ann: Peak Receives Commitments to Complete $27.5m Placement, page-15

Yes Grim007 you almost always get to buy on market at raising price or often beneath as the pressure comes on with the cheapies being dumped for a quick gain, (in this case this Friday) the unfortunate thing here is the lasting overhang that tranche two will have, given the delay until mid next month which will likely leave a cloud over trading until the additional tranche of cheapies have washed through, (assuming they get shareholder approval, which i'm sure you'll all give).
The temptation to dump for quick gain (or immediate derisk) for these fundies is all too prevalent these days, but at least it will now take the company through to the point of decision in September.

Upon settlement of the Placement, Peak will have a strong cash position and be well
positioned to advance the Ngualla Rare Earth Project to a targeted Final Investment
Decision by the end of September 2023