Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. 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.
The word on the Street is that embattled Pathfinder Minerals (PFP) CEO Nick "not for the many but the " Trew is, via spiv bucket shop Keith Bayley Rogers trying to raise not £450,000 but just £200,000 at 0.6p. He is struggling to raise even that much because everyone knows he has been offered the same funds at a far less dilutive 1p but has rejected them. This placement is all about securing votes to win an EGM.
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