Absolutely, the 10 mill sell started the day at 5c then gradually dropped and scared the crap out of the buyers. Interestingly the broker for the sale is also the broker that does PRY's buying for them.
The question here is what are Sonic's plan. At 18% PRY would have to mount a full takeover to get all Sonic's shares, that is providing they are sellers. Ed Bateman at PRY is a very smart operator and he would have INP very profitable in no time should a takeover eventuate. Also in a good position given the PRY stock is 5.50 on a P/E 38. How about 1 PRY share for every 50 IPN offer.
IPN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
