Australia's largest stock trading and investment forum Australia's #1 stock forum

stock trading below the capital raising price before its even...

First 19 Last

Share
Profile

Follow
strauss

22,120 Posts.

20

21/06/16

12:00

Post #: 18082391
Share

Originally posted by malmanu ↑

Post capital raise at 9c , PTX will have plenty of cash , around $11m and a market cap of $18m . This compares well against IMU with around $1.5m cash left and market cap of around $16m. Also compares well against PYC with around $7.5m cash and market cap of $28m

Expand

stock trading below the capital raising price before its even finished is never a good sign Mal

and chart pointing lower maybe revisit the lows?
Upvote

Reply

Top Stories

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Week 46 Wrap: Copper hits 2mth low as Trump threatens net zero pace; US rally fades; HotCopper’s picks

AUN

Cyclone signs MOU with Vale for development of Iron Bear play

LYN

InhaleRX gains approval for clinical trial to test non-opioid therapy for cancer pain

EDE

NT Gov't delivers environmental approval for Empire Energy's Beetaloo Carpentaria pilot gas play

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

BNL

Blue Star Helium sees approval for five more wells at 'Galactica/Pegasus' project in Colorado

AN1

CuFe sells its Crossroads gold royalty to Northern Star for $4M cash; says better than waiting for mine launch

ME1

Banshee's historic trenches prove rich in antimony and gold for GDM

HotCopper Highlights: Your most watched stocks for Week 46, 2024

There are more pages in this discussion • 4 more messages in this thread...

First 19 Last