pek in pre open??, page-49

not the saqme every time. Last year they did a rights issue and allowed top up for any holders that wanted in.
The smart ones went in at 2.3c with a free attached option and have now more than 10 times their money.
Nothing wrong with SP as it is cheaper and more expedient (assuming that it is a SP of course but most likely as they already have shareholder approval).
My only query is why stop the momentum when it hit 22.5c and was flying?
Perhaps they got in before the speeding ticket which could have seen the price dump witout a good explaination as to why the price jumped so quickly?
Perhaps it is to reward the recent broker/s that have been supporting the stock on market?
Perhaps none of the above and all we can do is wait another day to find out.
Ultimately the cap raising will put sufficient funds in the bank to ensure we can go full steam ahead with major company making projects this year which as we know will include Ngualla (phosphate,minerals and REE's potential) and possibly TRP plus a couple of gold plays in Tanz.
15c seems the most logical price based on recent trading.
One way or another we will know tomorrow :)