PEN 10.0% 11.0¢ peninsula energy limited

stormboy there is no royalty to PMH.This was the deal."PacMag...

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    stormboy there is no royalty to PMH.

    This was the deal.

    "PacMag will receive 200 million Peninsula fully paid ordinary shares as consideration, and $200,000 cash for the divestment of the PM Group."
    http://www.bourseinvestor.com/bi4/pdfnews/default.asp?d=00723106&f=20070522

    I wonder how many PMH holders sold there shares? May prove to have been a very costly mistake. Although they received them for free so they still made something.

    I also note in the article and the PEN announcement yesterday the land sizes are different. Is this simply an error or is there more on the way?
 
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