I too have taken the opportunity to top up, if only to reduce my average buy price. Yes I know I could have done something similar by purchasing on the market at a lower price but the free oppies were attractive as well as fulfilling the need of PTR to raise some cash. Since TRUEnergy failed to take up the option to continue in the JV we have struggled for cash and support. Even if the full entitlement is taken up it is still a touch and go situation as far as being able to fund the next hole.....I am a little bemused that the future users of the green power have not got more skin in the game as a vote of confidence in the technology.perhaps we need to knock on some doors just a little harder.
kippax
PTR Price at posting:
2.4¢ Sentiment: LT Buy Disclosure: Held
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