Member Info for JohnHenry

Or convertibles are forward selling.

Stock an only logically be from forward selling the placing (Unlikely) or shorts selling on the offer.

Who the hell is supplying all the shares on the offer @ 17p ish

Maybe, manipulated through ATs hitting the offer allowing shorts to close.

Well there we have it you can now purchase under the Placing price.

May even get a few below the placing price over the next few days.

Downbutnotout agree the size of the placing has allowed the shorters the keep a foot on the neck of Pantheon. However long term the SP should be many multiples of today's price.

The 100m shares to be issued @ 17p will inevitably strip demand from the daily market in the short term.

Baits do your not understand what an overhang is ? Not everything is visible and in black and white.

K3VMC Short ton currently @ $175 imho Ben are not profitable at this price based on Wilsons recent comments.

Sorry to say but In a nut shell Angs SP is going nowhere short term..

Baits reason there is a seller overhanging the market giving the MMs a large tranche of stock to shift as was the case with Forrest. Warrant holders will soon be dumping more stock.

Roxi not if the convertibles forward sell.

Hopefully with the extra raise they will decide to pay this quarters payment with cash.

Theres a lot of churn thats got to go through the market.

Dont forget the $36 M thats still owned for the unsecured convertible loan.

Of cause there was great support the SP is at a 3 year low,

Considering what has been achieved these past few years price is cheap as chips.

Lies and shorters created this price.

Elephant in the room. will see some forward selling imho.

Possibly around 16M shares will need to be issued.

Huge dilution until funding is sorted.

Massively undervalued compared to asset.

However Management are up the creek without a paddle if a farm out or JV doesn't happen.

Managements hand is very weak.

Seahawk what about working capital required Data room Farmout discussions all need capital?

Does anyone on here actually look at the market cap, debt, revenue and sector valuations.

I guess not.