due for a run., page-22

re: excellent volume yesterday
i doubt there's a conspiracy theory involved here ... as you saw yesterday they are obviously still processing options conversion cheques. not surprising given it was a december 24th cut off.

and i'm certainly not sure that getting $5million+ into the company is a bad result at all.

so what if all the pbio holders let them lapse? given that we have new options floating around now for the 'mates' it just means we put off the dilution (and the cash injection) for another two years. PBI will end up with 100m shares on issue and another 20m oppies ... and $5m cash to spend .... good result i would have thought. no cap raising required in next 18 months (lest there be an aquisition and in that case i imagine it would be a company that is generating cash straight off the bat) ....

news will come, perhaps a 3b tonight .. maybe next week. whatever the case they will get a minimum of $4m in .... so what's the worry ?