PAB 14.3% 0.6¢ patrys limited

I wonder if someone is trying to put pressure on management to...

  1. 35,748 Posts.
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    I wonder if someone is trying to put pressure on management to take the full remainder of the 119M shortfall in one transaction but looking for a lower price. I doubt it can be done after managements already issued their statement on completion of rights issue but if someone was trying to apply pressure it would be the way to do it.


    "The Directors also reserve the right to place any remaining shortfall after the Share Top Up Offer in the three months after the Closing Date at an issue price not less than the Offer Price to parties other than related parties of the Company."
 
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