Firstly, its definitely not Telstra taking a positions in our company as some previously had hoped for. The last think we need is for Telstra to hold a controlling stake in PIE. When we potentially sell to a suitor, we current share holders should be able to determine a sell price, not have them, through a large holding, govern the price. Secondly, with higher volumes going through yesterday and today, this is creating more individual shareholders with sizable parcels thus creating more interest in our company. This is a very good thing for PIE. However, I'm not expecting the trail to begin until September or October, then interest will explode due to passing by interest in the Webphones.
NWZ Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held