PAB 12.5% 0.7¢ patrys limited

Over 9 mil shares sold today. Does this mean most of the new...

  1. 154 Posts.
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    Over 9 mil shares sold today. Does this mean most of the new shares issued for the milestone 2 have been dumped? If the SP hit 0.3c, the expected number new shares to be issued for the milestone 3 would be 180,000/0.003 = 60,000,000. Would that be a big dilution for almost nothing???

    To sacrifice the SP for the number of shares doesn't seem to be a sensible idea. Actually, the game being played could have been more beautiful with some good cards in hand.
 
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