Thanks ScandalI honestly hope my 1.2c order is not getting...

Thanks Scandal

I honestly hope my 1.2c order is not getting filled. I will for sure buy more at 1.3c, just don't know when though!

While on the top 20 shareholders topic, not sure if the below was touched before by someone...

I know no famous names in PNO share register but atleast, top 4 holders haven't changed since 2008 and have been increasing their holdings for the last 3+ years and they have combined 16% total shares. That tells me that they have no intention to sell in ST (there were atleast 3 or 4 opportunities in the last 3 years to make a solid gain for them).

2008 2009 2010

No of Shares 393,319,580 645,537,648 854,843,182

Monarch Corp 41,199,247 40,218,519 49,168,294
Primelane 24,166,667 30,371,770 34,710,595
Haydos/Inter 13,651,545 25,002,000 30,000,000
Topaze Ent - 18,750,000 20,228,572

Top 4 Total 79,017,459 114,342,289 134,107,461


% holding
Monarch Corp 10% 6% 6%
Primelane 6% 5% 4%
Haydos / Intercorp 3% 4% 4%
Topaz Ent 0% 3% 2%

Top 4 % of Shares 20% 18% 16%


In addition, by looking through last 3 years top 20 list I think there are atleast 7 in the top 20 with average 15m shares each who are LT (105m shares). The next biggies will be HC members, I think we have atleast 10 here with average 10m with LT view (100m shares). This leaves directors and other large holders (say another 150m, this is just a guess)

Therefore, I think it's clear that 50% of the shares won't be selling for under 3c. Further more confidence that this baby will run quickly after the announcement! Not sure if this is all making sense to you, comments either way are welcome