PIL 9.09% 1.0¢ peppermint innovation limited

Ann: Proposed issue of Securities - PIL, page-6

  1. 229 Posts.
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    Like a phoenix rising from the ashes. How high will PIL go? You'd have to be happy if it reached 3 cents. The recent capital injection is enough to get it listed but with low cash reserves and a negative cash flow another capital raising will be required soon enough. At what price would you be interested in raising your own stake? If they offered you one for one at 3 cents a share would you take it?
 
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