From over the road7 Sep 2021 16:51
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Panther Metals β Progress With Aussie IPO: worth a flutter!
BY NIGEL SOMERVILLE
Standard-listed Panther Metals (PALM) offered up some good news this morning with regard to the IPO of its Australian assets, with the appointment of Brokers and an Aussie fundraise which suggest that it is all go.
37 minutes ago
If 25p seems a tad optimistic, donβt forget that the directors have a bunch of options at 15p β but only if the share price heads north of 30p and I suspect more than a little confidence that will happen amongst the movers and shakers. After all, the board is paid peanuts (just Β£12,100 for NED Nicholas OβReilly last year) so it is via options that they hope to make a killing, rather than bloodsucking