Have a good read of the Notice of General Meeting called for 30/05/2016. You will then note that there is no mention of the Rights Issue @ $0.01c to be under escrow for 6 months. The poster original query may have been looking at the issue of 750 mil shares to Lepidico which will undergo escrow arrangements.
IMHO there will not be much reduction in sp as investors/punters will scramble to get their holdings prior to the new record date for these Rights being shown as 6th June next, unless the company makes more changes to the timetable. See page 22 of the Notice.
Firmly believe we are on the cusp of taking this to a multi bagger, one has to view all announcements etc and watch movements on the ASX very carefully, and
Time will Tell. Always does
PLP TA, page-36
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