thanks mt... the PLV threads are fun. Good input from all imo.
PLV holders have suffered for quite a while now, and its really good that some quality discussion on hc is now aiding towards some healthy promotions of the Company.
I agree, I think the only offer us retailers will get is via a rights issue. That way there is no dilution as long as you take up your entitlement. No different to partner in a businesses contributing equity really! I'm happy to put in further cash should PLV require it.
But I know Tony won't do a rights issue. From memory he has stated before that it makes it difficult for holders such as himself to find the cash to take up their entitlement. Then other shareholders take a view he's not supporting the stock, which is clearly not the case - Directors aren't all massively rich, despite popular belief. Directors of public companies are just normal people. They've often just worked hard to get where they are.
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