PIR 0.00% $1.49 papillon resources limited

Ann: Institutional Placement to Raise A$52.9 Mill, page-8

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  1. 11,072 Posts.
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    re: Ann: Institutional Placement to Raise A$5... It's really no different to a shareholder who holds through $2 and watches the shares slide back to $1.30. If you had a crystal ball, sure, you'd sell at the top and buy back in at a lower price. But shareholders, nor companies, have a crystal ball, so imperfect outcomes are the norm, not the exception.
 
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