For those that know how PB and the typical small mining companies operate, this isn't a surprise. Sorry you are going through this. We saw this over and over again at TNG (now TVN).
Pre-cap raise you get the usual news flow, with buzz words like "point end" to pump up the price, then raise at a significant discount. Those participating in the raise aren't interested in holding long term and so the dump happens soon thereafter.
Good luck to all.
Ann: Placement and Rights Issue to raise up to approx $4.62M, page-53
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Mkt cap ! $9.931M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
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| Price($) | Vol. | No. |
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