PEO people telecom limited

I think management kept price down for 2 reasons. 1.... To...

  1. 2,933 Posts.

    I think management kept price down for 2 reasons.
    1.... To justify merger . Share split up. 65-35
    2..... To secure the new shares at 20cents each. If
    share price had risen above this more people may have
    applied and it would have made it harder to sell the lot
    to their mates. I am sure all the shares were spoken for.
    They made me think that enough is enough no more
    shares I bet a lot of people felt this way.They ann all
    sold during suspension. I think this goes well for listing
    tomorrow. Any last minute opinions.
 
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