Don't get me wrong, I think the aquisition of the company is a good thing for PBI. It's definitely a positive.
BUT
I believe the share price in the short term (after the capital raising price is declared) will drop in that direction.
It doesn't matter a great deal who was offered the new shares.
I could see myself buying into this company but I'm going to hang back and see what happens after the placement. No point in rushing into anything.
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PBI
premier bionics limited
Don't get me wrong, I think the aquisition of the company is a...
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