PSX psiron ltd

I suspect that the Canon deal has fallen thru.Reasons for this...

  1. potofgold
    547 Posts.
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    11/06/03
    12:40
    Post #: 185007
    I suspect that the Canon deal has fallen thru.

    Reasons for this view:

    1. company made a placement recently while the shareprice was still at a low point. Why not wait until after the announcement when price would be much higher for a placement?

    2. Announcement on Canon was due in April. Its now June!

    3. Company is taking its time re the Deal. It was supposed to be a forgone conclusion the way they announced it last year.

    Time to bail out
    PSX Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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