"""(So what’s left for shareholders - not that much from my read of the tea leaves. Begs the question why the existing shareholders weren’t offered any free shares for their past loyalty.)"""
Because we don't count anymore and possibly we are just an impediment.
In the meantime Patterson is getting a hell of a lot of free shares, and we get nothing.
Like you, I am of the beliefs that, at this stage of the game, things aren't looking very rosy at all.
Why would they extend the share offer until September if things were very good and rosy.??
Finally, what terms and conditions is Capital Guardian requiring from us before they will open their purse.??
That, IMHO, is well worth talking about it.
Dyor.
PLV Price at posting:
3.4¢ Sentiment: None Disclosure: Held
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