RE: Capital value16 Mar 2024 07:58
Panr is raising through equity to pay off bonds, in other words Peter and Paul cones to mind. Just in case it slipped your memory here is the extract from rna “Placement of approximately $4.15 million of new ordinary shares of £0.01 each ("New Ordinary Shares") at a price of $0.255 per share ("Placement Price"), equivalent to 20.8p per share, to long term investors to increase the Company's cash resources, allowing it to pay December and March Convertible Bond payments in cash (the "Placement").
The 300m was a wind up to see if you took the bait and you certainly did. Do us all a favour and go back to your deep underwater investment as no sensible individual on here will fall for your trolling