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  1. #1691
    learning to see in the dark
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    Gee, umm, that's a lot to take in. I guess it's steady as she goes boys, but that's quite a lot of change. Glad they suspended trading until it can sink in more objectively.

  2. #1692
    ShareTrader Legend Beagle's Avatar
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    Am I the only one that finds it curious that the co-founder is selling out completely before they break even at a cash flow level, (after breaking their promise in that regard last year).
    Last edited by Beagle; 18-06-2018 at 07:16 PM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  3. #1693
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Ogg View Post
    No word of price though, right, unless I'm blind?
    Floor of $4.00

    Fully underwritten as well
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  4. #1694
    Legend Balance's Avatar
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    Quote Originally Posted by Ogg View Post
    Someone's been building up a short position lately.

    https://www.shortman.com.au/stock?q=pph

    Wouldn't be surprised if it's an off market transfer to close out positions. Easy money.

    Similar to what's been going on over at ASX:KGN
    Very suspicious indeed!

    Inevitable there will be an inquiry as the ASX is a lot more vigilant about such things compared to the ever sleeping-on-the-job NZX and FMA.

  5. #1695
    Legend Balance's Avatar
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    Quote Originally Posted by winner69 View Post
    Floor of $4.00

    Fully underwritten as well
    Who are the underwriters?

  6. #1696
    Advanced Member
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    Quote Originally Posted by Ogg View Post
    Where does it say that exactly? I cant find it.
    Under the part Sell down overview. Pricing structure

  7. #1697
    Legend minimoke's Avatar
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    Quote Originally Posted by Ogg View Post
    Where does it say that exactly? I cant find it.
    page 11 sell down review

  8. #1698
    Membaa
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    @beagle
    No you're not alone thinking that.
    Yes, probably, a bit worrying.
    Depends on who the optimistic buyer is, how deep their pocket is and how long their horizon is.
    Not often good when an insider bails, especially a founding shareholder with deep insights.
    Nervous times for holders. Trading halt for an "orderly market" is code for this announcement would guarantee a disorderly response!

  9. #1699
    Advanced Member Entrep's Avatar
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  10. #1700
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    Quote Originally Posted by Ogg View Post
    Where does it say that exactly? I cant find it.
    page eleven

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