It would be interesting to know why the big hurry. As mentioned by Chuck, smarter to have some good news accompany Capital Raising. If I was considering reducing my exposure, now would be a good time. Sell a few at 9, 8 then 7 cents... to pay 5 for the new shares. That will put pressure on the SP... pushing it down to 5 or less (as there is nothing to hold up the interest. But it doesn't matter because "we've" got it all fully underwritten ! What have we not been told ?
PEL Price at posting:
7.3¢ Sentiment: Hold Disclosure: Held