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Thats not correct. The target was $8mil via a SPP with capcity...

  1. sdraja
    63 Posts.
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    11/10/22
    15:42
    Post #: 64140721
    Thats not correct. The target was $8mil via a SPP with capcity to increase if they got more applied for. That means anyone on the register can apply for up to $30k. They raised over the target, $8.76mil.
    They state they had interest for more than $30k from wholesale so ended up raising an extra $2.5mil.
    If shareholder bid for more they would have taken it but you can't call it a shortfall when they beat the target.
    Anyway it was all raised at 17.5c.
    Last edited by sdraja: 11/10/22
    PTX Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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