Well, they had their special meeting yesterday, results announced today, at which the shareholders ratified the issue of 28,000,000 shares to institutions at 20c to fund their projects.
Bit of dilution there,eh?
Todays trades appear to me to be caused by hopeful traders trying to continue momentum.
Then again, I may be wrong (again?lol.)
I dont understand why PIL ran with it.
GZ
