"My cynicism tells me Pac won't push their clients into something they might expect to need cash via a raise and give them a chance to do so later on at lower levels."
PAC were appointed in October to initiate coverage and research. Have you ever considered SP3 did this to perhaps attempt to rally the SP and prevent a raise occurring under IPO price. You're suggesting PAC won't do they job the have already been engaged for before they land the lion's share gig ...
Something I have been warning everyone of here and management since their appointment and then deafening silence, coupled with the way their incentive package is structured. I suggested to management months and months ago they'd be facing a raise to PAC at <15c prior to them saying a peep on the stock
When will punters have enough of this head in the sand behaviour ?
SP3 Price at posting:
15.5¢ Sentiment: Buy Disclosure: Held
