Ann: PCL to increase placement to $2m at 2.5cps and NED app, page-13

I think it would be unwise to call anyone wrong at this end of the market......however I agree it’s a very interesting link, and when you consider Andrew Smith from PEGG and his investment fund having a good stake in 5GN and his ties to Cheok I’m guessing this will be a short to medium term investment for them with a quick bang for their buck to give investment holders in PEGG some good return on their money. PEGG’s not in this for any other reason than big returns, not in it for pennies in my opinion. Something is brewing I feel, still a good buy I reckon.