PLX 0.00% 41.0¢ pyrolyx ag

trading at 8 cents, page-12

  1. 13,757 Posts.
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    re: plx - those in watch list land PLX have been trying to do a deal as in a 'back door' float & have looked at 400 odd deals so it seems they are a fussy lot & want the best possible deal for shareholders (I like that bit).

    The monthly reporting of cash flow in an ASX requirement & they have of late only ever had about 1m in the bank with tax losses of 12m(another bonus).

    So I deduce that as we have some mkt action 'something is happening'. We were told at the AGM that maybe all going well late december could be an ann. Well 2/3 weeks on & maybe .....................

    On the above assumption then PLXO appears a bargain
    around 2c.
 
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Currently unlisted public company.

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