"so essentially they need $16.5m from existing holders to reach the minimum target.. 'IF' they go on shareholders are massively diluted unless they take up the offer"
Anyone still in contact with Tony ? - Pelm possibly ? according to T.S final director notice he had around 3.6m fully paid shares plus 2m listed out of the money options at 4/5c and 5m unlisted 30c options..
Will T.S be putting up the $300k for 30m shares ? if not I would think it sends a nudge and wink to the retail punters.
PLV Price at posting:
3.4¢ Sentiment: None Disclosure: Not Held
