In reality, if they wanted to raise $3m at current prices that's an increase of only 2.4% shares on issue. Hardly a drop in the ocean based on potential. Using 2.5Bn as guidance Market Cap and half a million shares the impact is $95k (pre tax) over $4m.
CR's are a reality and the value will be paid back in multiples
PTR Price at posting:
39.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)