Putting a bit more plasma into the intravenous feed to last another 1.5 months is good news?
Whatever happened to all that CONFIDENCE about great things ahead with the last capital issue of $21.3m at 32c in November 2017?
Why would any company on the verge of greatness (and greatness had been around the corner for the last 3 capital raises) and commercial success raise a miserable $2.6m at 32c when the sp will SURELY rocket to $1 on announcement of said success?
Existing shareholders should be up in arms - having pumped in over $120m at much much higher prices but ...
It is clear that PEB will not get any more money from existing shareholders (especially the sucker institutional underwriters bloated with shortfalls) so $2.6m is better than nothing.
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