prospectus and rights issue, page-14

Super post Gus. I think that you are spot on in your assumption that Patersons have someone in their sights to take a large parcel of shares and I think you are right about the potential of the SP to rise next week. I've been buying at 10.5 and 11.5 cents and am comfortable buying at these levels.

Intersting that AQP and PLA closely paralleled each other for the last 6 months until the recent 5 cent fall in PLA. I suspect though that there will be no significant rise in the SP until Smokey Hills returns a profit and I'm sure this point is not lost on the BOD of PLA.

Regards.