Pete isnt really in a position of power to leverage off when it's not hard to join the dots and say cash is tight. There is history here in 2015 when they raised cash @ 2.5c (+ 5c options), then only 5 months later, raised @ 1.25c (+2.5c options) to the UK guys. That was a red flag for mine at the time.
Just dont be disappointed if they get backed into a corner and are forced to accept a low ball proposal.
Ann: Appendix 3B, page-10
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Mkt cap ! $107.4M | |||
| Open | High | Low | Value | Volume |
| 15.0¢ | 15.3¢ | 14.5¢ | $51.13K | 340.9K |
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| No. | Vol. | Price($) |
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| 1 | 5795 | 15.0¢ |
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|---|---|---|
| 15.5¢ | 29029 | 2 |
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