""I always thought WEG or some derivative, relative or something that ends in tive would be the ones to make the play. If that play was to be made it would have by now.""
Why would they have done it before, when the sp is at these levels now and not before.?? And, for what we know, they may will wait till it will go a little lower still as well.
There has been a couple of similar situation in the last few weeks whereby the T/O has ben done with just a couple of cents and where the Board and Management have even supported and recommended it to the shareholders.
Don't forget that these people can starve any company for funds at the click of a finger. God help us if that was to happen.
PLV Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held