re: anyone spoken to company?
that was one of the less bullish buy reccos around for pbi, but i think they left a word out regarding options. they are anticipating option conversion meaning they will have enough cash and not need to raise more ....
i have no doubt pbi options will be in the money, by how much is my interest. i think the ords have the potneial to be .40+ by years end, there is big news floating about that could make this happen. i would just like to see it sooner rather than later to enable this growth stock to start its relentless climb higher. oppies are great leverage here if the news flow starts early enough.
and yes, once oppies are converted pbi will be cashed up, 85m odd shares on issue, many deals coming to the doorstep and blue sky ahead. in 18 months we will laugh at how cheap this company was at .21.
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decent figures, page-27
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