PXL proteome systems limited

any broker reports

  1. cy7
    930 Posts.
    * Total shares 157 million.(before placement)

    ** As @ July 2007 presentation:
    Retail Investors only hold 20% of the shares
    Institutions hold 49%.
    Founders 22%
    Directors and staff 9%.

    *** 3 September 2007: Proteome Systems Announces Capital Raising
    Undertaking a private placement to raise a minimum of $5.5 million in new equity capital. The placement is underwritten to the extent of $5.25 million by a range of domestic institutional investors. Shares in the placement will be offered at 25 cents per share to institutional and sophisticated investors primarily in Australia, USA and Europe.
    (22 million shares)

    The company will also make an offer to all shareholders under a Share Purchase Plan (SPP) giving them the opportunity to purchase up to A$5,000 worth of new, fully paid shares at 25 cents per share, without brokerage costs.
    Closing date: 5 October 2007: How many of these get taken up us a debatable point.

    **** Questions:

    Question 1:
    Does anybody out there have any current broker opinions, or for that matter any other opinions in relation to PXL?
    The market seems to again have lost interest.

    Question 2:
    Where’s Azzie?
 
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Currently unlisted public company.

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