PRW 0.00% 0.1¢ proto resources & investments ltd

Ann: Response to ASX Appendix 5B Query , page-13

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ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
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CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 624 Posts.
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    Is that Bergen Asset Management ??? Probably one of those companies that offer struggling companies part draw down debt for issuance of shares at a discount on each draw down.Often known as "the death knell" instrument since, if the company cannot perform at or above expectation during the life of the facility, its normally "all over red rover" since there is only so far one can discount the stock price before it is untradable (liquidity and spread).

 
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