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Ann: Placement, page-8

  1. ammie
    10,765 Posts.
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    14/04/21
    09:51
    Post #: 52450441
    So they raised $4.4m.
    $3.2m went to a new substantial shareholder
    $0.8m went to an existing substantial shareholder
    That only leaves $0.4m for a bunch of miscellaneous sophs. Not a lot to wash through from non-sticky hands. Plus 8c is a good price. Good to have a capital raise without the price getting smashed post-raising.
    PXS Price at posting: 7.9¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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