Current MC is $89M. If PAA are trying to raise the whole $20M for a phase 2 trial then that is about 22% dilution ..or rather your current holding will be worth 78% of what it is today assuming you do not participate. Worse us mere mortal SHs may be excluded as so called 'sophisticates' take the whole pie.
Previous BoD had a history of giving current SHs priority and discount etc. Let's see what these guys do.
Current MC is $89M. If PAA are trying to raise the whole $20M...
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Last
18.0¢ |
Change
0.010(5.88%) |
Mkt cap ! $87.51M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 19.0¢ | 17.5¢ | $574.3K | 3.122M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 194917 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 25038 | 2 |
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| Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
| PAA (ASX) Chart |