Looks like the capital raising was a success: http://www.nzx.com/home/3161165/PGGW...ely-successful
Printable View
Looks like the capital raising was a success: http://www.nzx.com/home/3161165/PGGW...ely-successful
seems like no reaction to the news?
is it just a neutral one?
http://www.nzx.com/news/markets/3174...xtra-77m-early
ok maybe it's not "news", just an article?
Oh yeah interesting, Just an extension on yesterdays banking arrangement news, but still good news in the sense that wrightsons are paying down the debt that got them into trouble, but bad news in the sense that PGW is starting to become quite risk adverse. Regardless things are lining up very nicely for PGW.
Its a positive, they are getting rid of shackles...
seems like sp will be in adjustment for a while, just as expected.
I guess resistences are 60/70, any thoughts?