PAC 2.89% $10.76 pacific current group limited

The Australian Financial Review has an article saying that...

  1. 55 Posts.
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    The Australian Financial Review has an article saying that Pacific Current is raising $12.5 m at $6.05 per share. I hope retail shareholders have the opportunity to buy at this price. It is puzzling on why they need cash. The company had cash of over $60 million at June and have done one deal in September. Looks like it did not have enough cash to fund the deal announced last week. Where did the cash go?
 
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$10.76
Change
-0.320(2.89%)
Mkt cap ! $561.6M
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$10.95 $10.95 $10.49 $248.0K 23.22K

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No. Vol. Price($)
1 89 $10.64
 

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Price($) Vol. No.
$10.76 34 1
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