PXX 8.33% 1.1¢ polarx limited

Ann: Results of Meeting-CYY.AX, page-11

  1. 5,578 Posts.
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    We still didn't do the credit raise, so unfortunately it's still not a good time to hold right now, anyone who is going to participate in the raise is going to knock down the share price as far as they can first and as you can see it only took $14k to get the job done, on a $1.4mill raise that is a big saving.

    It will likely bounce back after they raise and release a schedule for drilling, but it may well get worse before it gets better, it's all part of the fun of owning ASX juniors I am afraid.

    No point worrying about it or getting upset about it, I just view it as I am taking a plane ride and right now we are experiencing turbulence for me it's best just to stick it out and focus on the destination, some might opt for the parachute though each to their own.
 
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