Capital raise coming... they’ll be lucky to stay solvent if POG doesn’t move up in a meaningful way. A stock to trade for the day traders brave enough.
With all those shares on issue together with the debt, good luck...
Increased volume today was as a result of the rebalance, BDR now out of ASX300. So it’s sink or swim, no compulsory buys by big instos.
Ann: Lapse of Incentive Share Options, page-4
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