PCC probiomics limited

biogaia deal

  1. 5,967 Posts.
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    Just reread some of the stuff re this deal. At present I'm unsure what to make of this deal. Biogaia allowed 17 mil options at 5c to lapse Sept 06 . That price was done when the pcc price was 3.9c. Onw would have thought that they wanted in but didn't take it. They did take stock in the raising at that time.

    They how have an option up 18 mil shares at 8c and I believe thay were in the last placement as well. Its hard to work out what they are up to as the indication is that they will take their option. Of course this make make them close to the 19.9% mark whereby we may see some action. With everything years behind schedule should be interesting.

 
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