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.
Put very simply, here's the main ones (there are others):Pros:...
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Last
20.5¢ |
Change
-0.020(8.89%) |
Mkt cap ! $81.16M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 19.5¢ | $331.9K | 1.617M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 440882 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 12736 | 3 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PAA (ASX) Chart |