we'll know soon enough given that the listing date is only a couple weeks away (21st May).
I have the feeling that there were not that many applications, but some of the applications were VERY large. This is supported by the fact that when they announced they had reached $3.2 million, they still didnt have the required spread (400 shareholders).
I HOPE the Age writes it up again just before listing...with the 'Fortescue of the East' tag again :-)
The thing I am most looking forward to is the top shareholder list.
I note WPG is putting on a bit of a spurt again as well which is great for PTS of course.
Cdchi1
PTS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held