Thanks for the dismissal, but the point is that if PAM is relying on the ATM to satisfy the ASX’s 2 quarters of cash requirement when it lodges its 4C next week, there is a decent chance the ASX will require the company to compete another raise or face another suspension.
A sale of 30,000 shares right now takes PAM to 5.2c. Ouch.
Ann: Reinstatement to Quotation, page-48
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