PGA photon group limited
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restructure, page-4

  1. LeoH
    49 Posts.
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    16/06/10
    09:53
    Post #: 6806472
    From The Australian Financial Review

    Photon Group, is expected to announce acapital raising on 17 June 2010. It is thought that the company will raise over$A100 million. The largest shareholder, Reg Grundy, is expected to contribute atlease $A20 million to retain his 23.8 per cent stake. Photon will use the fundsto reduce debt and finance earn-out payments
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    I am not so sure if I want to join in !!!
    Leo
    PGA Price at posting: $1.02 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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