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Who say will do private placement? Any link to prove your statement? But actually private placement is better than right issue, so more we just need to focus on how many % of market share they want to do and the price per share. This is what investor need to concern about.
Furthermore, if there is a private placement, it just will affect the short term price, as we know a growing company need for fund to operate their business when there are a lot of contract on hand. Just take serbadk as an example, when pp announce every one will panic and waiting to collect around the pp price, then it just need some times to going up back
In my opinion, the private placement is good to growing company compare to penny stock. Am I right? Just calm down, but if not mistake last year June already do private placement around 66 millions.
Reported in the edge weekly. You have to subscribe for the full version. However xx you can go to their website and browse for the contents of the paper then you will see in there. Normally will come to our eyes within few weeks time
Real bursa I understand your concern, but this company is just the beginning, mostly pp have 2 type, paying debt (because of not enough cash), secure more project and with the help of pp it can maintain the company operation (as we know if a company have many projects on hand, first the need to have enough capital to make the products first after that it will only can get the payment back from the customer)