probability of a takeover?, page-4

I think news on Panton will be the back bone to the upcoming Capital Raising for Shareholders.

You'd think a takeover would be on the cards at these levels, however after losing 7million in the last quarter something must be seriously wrong with operations. If the company can atleast breakeven there may be a sniff.

I'm more worried about the company going broke. They can't continue to raise money at these levels?? I think we now have to be prepared for this outcome.

Does anyone know if there's a real chance of PLA going into bankruptcy?

Maxy