Sircorp .... I agree with Mr47. Perhaps you could do more research into PRR (refer website, announcements etc).
re your comment of "issueing more capital" ... the $12m credit facility was organised prior to PRR shares taking off - at a time of desperation to "get them thru". Luckily circumstances changed & they have not needed to access these funds, the share price increased, they were able to bring in a major share holder (Freeman) for $1.5m a few weeks ago & prior to the shares spiking even though the announcement was only just made yesterday.
Hence no need to draw down on that $12m facility which is a last option, as they will now have more favourable funding options going forward.
Its a great story for patient investors v's daytraders !!
For Hamik et al .... these are my personal views & assumptions only !!
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Sircorp .... I agree with Mr47. Perhaps you could do more...
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Open | High | Low | Value | Volume |
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Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 26404 | 29.0¢ |
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Price($) | Vol. | No. |
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29.5¢ | 260838 | 21 |
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22 | 581207 | 0.285 |
40 | 1598208 | 0.280 |
10 | 225832 | 0.275 |
14 | 301520 | 0.270 |
Price($) | Vol. | No. |
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0.295 | 293855 | 22 |
0.300 | 222212 | 7 |
0.305 | 99805 | 6 |
0.310 | 441972 | 8 |
0.315 | 65980 | 2 |
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