cut the chase, page-3

Nathan

A bird in the hand is worth 2 in the bush

Record date will be after announcement

SOPHS will sell into the announcement

SOPHS are not concerned about the options as they are free

SOPHS are not concerned about participating in the rights issue as they have made their money

CPS Securities through Palermo have already safeguarded the worst outcome of the rights not being fully taken up by having the placement reduced from .007c to .005c

So nothing has changed and will change whilst Palermo is at the helm

PNO is certainly a company that now has huge potential under the right management who are suitably qualified and with previous proven results

IMO