PEK 2.33% 22.0¢ peak rare earths limited

A couple of points:Positives:- They kept the raising at a...

  1. 414 Posts.
    lightbulb Created with Sketch. 32
    A couple of points:

    Positives:
    - They kept the raising at a minimum to avoid dilution
    - They are still expecting the agreement with the cornerstone investor to go through this month.

    Negatives:
    - it seems like the raising was at 12c per share. was expecting a higher value.
    - The placement involves Shaws. enough said

    Overall, better than expected so i think it will be positively viewed by the market. Now we need to catch up with Lynas!
 
watchlist Created with Sketch. Add PEK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.