PSC 4.17% 10.0¢ prospect resources limited

Ann: Trading Halt, page-10

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ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,629 Posts.
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    don’t count on a soft landing with this CR , the current market doesn’t like CR’s at all . Whilst it will put cash in PSC’s bank account , a 10 cent raise is simply an invitation for canny buyers to wade in and buy below the cap raise . Whilst a SPP is a nice gesture , there is a very good chance to buy well below 10cents on the open market. I’m holding my cash safe and will top up in the single cents. I’m the first to admit I’m under water for the first time with my PSC holding. I’m not going to try and catch a falling knife though, wait until seller exhaustion arrives , bit of a bugger really.
 
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