PG1 8.06% 5.7¢ pearl global limited

Looks like the CR is done and the dilution of the shares is...

  1. 35 Posts.
    lightbulb Created with Sketch. 18
    Looks like the CR is done and the dilution of the shares is about 7%.  only 5% ish investors participated in this CR.  This sounds like only few folks got to buy the additional shares.

    Anyway, from what I am reading here, it appears that PG1 may not sound so great for small investors like me from the discussion that is going around. It will be sad to see yet another great potential company doing only mediocre because the management team wants quite payback rather than really growing this company into something bigger and better.

    I like small cap companies whose management is committed in making the companies successful first, and be rewarded later. Those directors, boards and senior management team who take meager salaries but get rewarded with performance shares are probably more likely to see the companies grow into successful businesses.

    I'm not quite sure if Pearl Global management team has such a view and working towards that, or they simply want quick ROI.
 
watchlist Created with Sketch. Add PG1 (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.