PCK 3.57% 2.7¢ painchek ltd

Anybody think it’s strange re the timing of the CR? If there are...

  1. 1 Posts.
    Anybody think it’s strange re the timing of the CR? If there are expected upcoming positive announcements in the near future, why didn’t they wait until the SP was a bit higher as a result of these announcements so that they could have raised more capital with the same number of additional shares issued?

    Makes me wonder if if there are no more announcements coming in the short term, or the news might not be that good...

    Does my logic have any merit?
 
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