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Ann: Institutional placement-PEH.AX, page-27

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  1. ST
    3,037 Posts.
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    22/05/16
    22:55
    Post #: 17836945
    PEH could take a page out of SOR on how to conduct a CR = Offer it to existing shareholders (Intended to accept $1m, $2.5m in applications received and offering to take on another $2m to bring a total of $4.5m).

    These guys will report a loss for EOFY2016 and will need another CR in 12 months due to cash burn.

    Disappointed.
    Last edited by ST: 22/05/16
    EVS Price at posting: 10.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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