Lomgtermlegs, are you sure that list was from March 5 2014? PPT isnt on that list at all, and as of their last substantial shareholder notice they had just over 60M shares (12.15% of total shares on issue) so if they have disappeared off the list there should have been a notice well before now.
The transfer of 20M shares this morning should trigger the issue of a change in sub holder notice later this week, so we'll see who's increasing and who's decreasing.
An average announcement today imo. I think its good that the company will focus on managing development within its means and cashflow, and look for opportunities to sell non-core or JV assets. However as others have said the rest is pretty vague and doesnt inspire confidence. It remains shameful that management could easily do so much more in terms of communicating with the market, but choose not to.
Cheers, Sharks.
PS: Trader, RFE heading to 0.7c? Not before SWE...
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