Hey winsome
I just can't see them diluting the company at this price. I can understand when companies that have a low share price and low cash balance
need to dilute just to survive, yes that happens , But PIL have a reasonably healthy bank balance so no need to raise money.
Its like I said before, most capital raises that I have seen happen, proceed a share price that's been rising not falling.
But if you believe in PIL and what they are about to do then who cares that the shares are being given away, Hopefully they are going into strong hands. Ive been buying in since it was 1.8c, Have not sold any
Hey winsomeI just can't see them diluting the company at this...
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Last
1.0¢ |
Change
-0.001(9.09%) |
Mkt cap ! $21.21M | |||
| Open | High | Low | Value | Volume |
| 1.1¢ | 1.1¢ | 1.0¢ | $3.24K | 314.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 8889564 | 1.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.1¢ | 3107178 | 6 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| PIL (ASX) Chart |