Would you be able to elaborate on this? Do you mean that one would normally expect a $1bn+ company to be paying their own way or that they should be able to borrow the $ from lenders instead? Cheers!
i'm a holder.
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More info https://www.nzx.com/announcements/378795
Naughty ASX
So no capital raise.
Phew! As you were.
Phew!! Some plan behind the scene was revealed by mistake ;-p
It's now fixed on the ASX upcoming listings page.
When Truscreen - also a NZ cancer detection company - listed on the ASX back in January it's share price rocketed from about 8c to 17c in the space of a week. Of course, it has now plunged to current sp of 6c! Hopefully PEB can get the rocket increase without plunging back to earth;)