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
19.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $92.46M | |||
| Open | High | Low | Value | Volume |
| 19.0¢ | 19.5¢ | 18.5¢ | $177.2K | 929.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 499621 | 19.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 70000 | 1 |
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| Last trade - 16.10pm 02/10/2024 (20 minute delay) ? |
| PAA (ASX) Chart |