$30m doesn't seem like a lot to extract from sophisticated Australian investors. What I like, is that PLX will now be on their radar. I am hoping they are now sitting down and doing their due diligence, seeing value and will enter the market in the usual manner after the trading halt lifts. From there we'll see how the price settles. I think the $1.50 will hold, but am prepared for $1.20. We really need news of a new substantial customer!
Price at posting:
$1.55 Sentiment: Buy Disclosure: Held
