PAA 0.00% 19.5¢ pharmaust limited

Ann: Trading Halt, page-23

  1. 295 Posts.
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    Put very simply, here's the main ones (there are others):

    Pros: PAA gets money to do stuff (in this case, hopefully next round of trials to shore up MPL success), long term dollars if successful
    Cons: Dilution (your share of the PAA pie is smaller because they issue new shares), SP decline (if a raise is done at less than current SP).

    If a raise is done at 20c or above, I'd be OK with that. Anything less than that, and/or without offering to current SH as well - I'd be less OK.

    time will tell.
 
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