Ann: Trading Halt , page-45

  1. 293 Posts.
    Keep the faith Ewob...personally I think we will be rewarded soon.

    on 31st Jan PIE management advised
    "Nevertheless we have made progress on all aspects of the agreement, and anticipate a small Telstra order in the coming Quarter for delivery this financial year, and subsequently a larger Telstra order for delivery in the ‘12/13 financial year."

    This statement is relative to last quarter, therefore they are refering to and order being placed Q3 Jan-Mar 12. I expect that this TH is one of two things..

    1.The small order has been received
    or
    2.Telstra T/O offer or MOU for JV etc....

    Milnes depature still does not make sense to me, but why would they have made the above positive statement just 10 days ago, only to have the deal fall through. I could understand if 2 or 3 months down the track we got some bad news, but not now surely.

    5c by thursday sounds good to me :P
    i'd take 0.015 though at this point in time.
 
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