announcement, page-46

I am actually beginning to believe that few people really understand what a CR does to their position.....in reality it steals your money.....


think of it this way ...


The market Cap of a company is like a pizza only the shares are the slices....When more shares are issued the pizza (AKA Market Cap) stays the same size there's just more slices and they are all smaller...yours included......the share price is adjusted to reflect the dilution and you lose money....

Capital raisings are not random events. They are carefully planned and take months to formulate.....

There is always the anticipation of an announcement involved which drives the SP up...Directors exercise options around 3 months prior to the CR to cash in on the big move just before the CR is announced...


I have researched so many CR's and they all have the same look....

I bet PNO was deliberately pushed up to snare traders .....

I never trade a stock that hasn't done a recent CR or placement....