Looks like a capital raising will soon be on the cards especially if Macquarie aren't on board anymore but probably even I they do. If you want to be a holder why not sell and buy back in post capital raising to minimise the impact it has on your holding? Hopefully it's right otherwise ill be eating my own hat. Sold out at 2 and waiting for the announcement ATM.
What could pym raise at considering current performance? 1c with options? 1.2c? Is a premium possible considering performance? Any other ways we can try and make the most of a capital raising if you don't want to risk throwing more money into the company?
It's a crap position to be in :(
PYM Price at posting:
1.4¢ Sentiment: ST Sell Disclosure: Not Held
