PTX 5.13% 4.1¢ prescient therapeutics limited

Ann: Share Purchase Plan Offer Document, page-3

  1. 5,788 Posts.
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    Typically this forum moves in silence.

    Thought I'd break it. Nice to to some day to day market interest coming back since the SPP announcement. SP even up 20 odd % off its floor notwithstanding the raising. For myself my 500,000 enitial SP purchase got smashed to 25,000 folowing consolidation and of course in effect reduced more the 5 fold in value with the gradual downward trend.

    I'll take up a portion of the available option. I'm thinking 100,000 shares at the offer price. That will significantly average my SP down at a modest cost and keep me in contact with the watering down effect.

    Iv never satisfied myself as to what the catalyst was for the recent board resignation, but I guess that's history. And I still see medium long term prospects here.

    Would love the import of others. Thanks in advance.
 
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