This latest "acquisition" attempt of BBC stock is purely an attempt to clean up the mistakes made in the past with respect to the agreements entered into with BBC which obviously was weighted in BBC's favour and not PTN's.
Check the PTN 07/08 figures...the actual revenue from a business was barely an ROI of 2%!
The actual profit was only as a result of an asset revaluation.
For PTN shareholders this move represents a large dilution in our NTA and for what...so that the directors of PTN can beat their chests and say we are the largest in Australia!
How dare the PTN directors act to dilute our NTA without even the courtesy of explaining to us what's in it for PTN shareholders.
The 98 page document is all about how good it is for the BBC shareholders....but they're giving away slices of our cake!
Hmmm!
I suggest that all shareholders send PTN a "not happy jan" email or fax!
This latest "acquisition" attempt of BBC stock is purely an...
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