PRC
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0.00% 61.0¢ pike river coal limited

now convertible notes settled price will incre

  1. Kiwi Kid
    1,331 Posts.
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    31/12/08
    08:18
    Post #: 4646181
    As the settlement formula was able to be dragged down to get a better conversion the rumour was the price had been distorted downwards. Will be interesting to see if it now rises now 91 cents has been agreed to - around NZ$12M of shares have just gone through. Good forward contracts in place too!I've bought more
    KK
    PRC Price at posting: 71.1¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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