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Panther Metals – Placing Bookbuild at 8p

By Nigel Somerville | Monday 7 March 2022


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Standard-listed Panther Metals (PALM) has announced this morning that it is raising between £0.3 million and £0.36 million in a placing via an ongoing accelerated bookbuild at 8p per share. With the shares having closed last week at 8.3p in the middle it is a very small discount, although perhaps on reflection it might have been better to rattle the tin at the start of the year when the shares were over 12p.

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