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
NathanA bird in the hand is worth 2 in the bushRecord date will...
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