PSA 0.00% 2.1¢ petsec energy limited

here's the announcement, page-5

  1. 10,725 Posts.
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    Scarabeo,
    There wouldn't have been too many existing shareholders participating in this placement,if any -the result of the Vermilion well will be known by early next week which puts these 'new' shareholders at a big disadvantage IMO as they don't get control of the shares until 5Jan04-one thing's for sure the shares will be either 75c or $1.25+ then.
 
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Currently unlisted public company.

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