PEX 0.00% 11.0¢ peel mining limited

Ann: Share Purchase Plan Offer, page-17

  1. 5,275 Posts.
    lightbulb Created with Sketch. 503
    I concur Chand. They have been putting through wash trades all day. Of course such activity is illegal on the ASX. But it goes on every trading day anyway.

    It will be interesting to see how many shares were taken up by the retail component. The offer has not been closed early. Wonder if my prediction about them accepting any & all applications for new shares under the SPP comes true ?

    The statement on the 21st will either be revealing a shortfall or " due to overwhelming demand directors have made the decision to increase the $2M that was sought by the SPP "

    Also there are still numerous assays awaiting release. Any bets those will be released either just before or just after the new shares are eligible for trading ? Got to reward the SI's somehow.
 
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