PHL propell holdings limited

Ann: Results of Entitlement Offer & update on capital raise, page-2

  1. 598 Posts.
    lightbulb Created with Sketch. 147
    $63,186 on a $2.2m offer!!! If my maths is right that is a lesser amount than if the chairman took his full allocation. What confidence.

    They may be calling in the administers before the years out. I don't think they have enough funding to get through the next quarter. Back of the envelope they have $500K left when burning $865k a quarter. Who would throw more money at this?
    Last edited by dude342: 23/06/22
 
Add to My Watchlist
What is My Watchlist?
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.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.