PLT 3.21% 75.5¢ plenti group limited

Ann: Trading Halt , page-11

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  1. 880 Posts.
    ght - friedman and kennedy MAY need the rocket up the backside of knowing that the company REALLY IS going under if they don't step up. They will be reluctant investors at best I would imagine.

    Then there is the added issue that bringing the company back from the brink after this trading halt may make the situation serious enough that the other shareholders are more prepared to suck up a horribly horribly dilutive equity raising.

    As for the company being taken over - if it was going to happen it would have happened by now. If there is any third party interested in TruScreen they will be buying it from the receivers. They won't be buying PLT shares.

    NOte - I KNOW nothing of the friedman, kennedy dynamic. The above is purely supposition on that front.
 
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