Gary didn't actually say much of anything in the interview, except to possibly confirm he is still in the land of the living. Surely you don't think it's a coincedence that he made his broadcast yesterday? It hasn't been a Gary "bitch fest" as you call it, but a general overall swipe at the whole company, to get a bit of response from them. They've finally aknowledged that there are shareholders out there, to whom they have a responsibility of providing information. No new info. from broadcast, and only vague timelines as to when further anns. will be released. "Results in the next couple of weeks" Optimisation study ann. "next few days" Then we have a choice of words such as, hopefully, believe, firmly of the view and moving forward. Sort of ambiguous, vague and uninformative comments that sound like they've come from a politician. There have been 2 recent DSO anns. and what did they do to the SP ? And yes we will have one company, with a MC of $25.53 mill and 3,304,433,649 shares, plus who knows how many p/p shares, plus listed and unlisted options. Just on # of shares alone, looking at SP of.0077cents, and not knowing how options will figure in merger, would hazard a guess of possibly .005/.0055cents? Is Les out? Does he actually have more? Roughly 600 mill. shares traded since end of Nov. and who's to say he hasn't bought his own shares that he was selling, if indeed it was just him? This company cannot speak for itself! It needs the management team to produce regular, clear and informative anns. PDY is not a company that anyone appears to have a lot of confidence in, and I'm afraid that yesterdays' b/cast didn't do much to instill any new inspiration in (buyers???)
PDY Price at posting:
0.8¢ Sentiment: None Disclosure: Held
