So by now PXA holders know that Dye & Durham desperately want to own us.We also know that LNK own 43% so it complicates things for any serious bid from an interested party.So LNK announced yesterday that they would proceed with the POSSIBLE issue to LNK holders of 80% of their holding in PXA.Now LNK holders have been approached again by D&D. So in the interests of the PXA holders either a buy out by D&D or the issue of shares to LNK holders would be hugely advantageous to PXA holders.I see D & D taking over all of PXA after they obtain Link's holding and if that fails and LNK holders get PXA holding THEN GAME ON!
LNK Price at posting:
$3.07 Sentiment: Hold Disclosure: Not Held
