PHO 0.00% 4.3¢ phosco ltd

trading halt capital raising, page-15

  1. 12,503 Posts.
    fellas

    the key here is:

    fund managers

    instos

    no Sophs

    Has the round of broker & fund visit to our projects been done?

    explains why they want to get in.

    no way they can buy this amount of shares on market

    so placement is always the way to go if you want it done quickly.

    while Im disappinted I didnt get opportunity to load up via CR

    a placement is way quicker than RI/SPP which drags sp progress for months.

    I hope Kevin is thinking:

    right lads,

    we have loads of job to do

    let's get SP to $1 before xmas

    a quick placement to get it over with

    and in the meantime introduce quality funds/instos to the register.

    will be interesting to see who subscribed

    am thinking could the instos on CGG's register.

    surely they dont want to miss another ride with the CGG crew
 
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