Am i on the wrong track? This sounds like double dipping.The way i read it----(Existing PAN shareholders get priority) means ---we will get first preference to raise the $15 mil,so in effect we are paying for them at full price,the same as Harry Hopeful,can get them if there is leftovers.Perhaps im missing something but PAN shareholders already own that asset---Else its called a capital raising---cheers
PAN Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held