I totally 100% agree Rebel1, that is what is in the back of my mind as the best cast scenario. I would love for them to pull an ace out (good ann) and the oppies to be in the money and most are converted. I can also see them lapsing as they really only have just over a week to pull the ace out and this to me seems a large task.
Do not get me wrong i own options and i would love to convert mine but we have to be realistic here, this company has had a bad reputation and i believe it is this reputation that is keeping the shares down.
If they do somehow get the oppies in the money, and by that the shares have to be between 2 and 2.5c basically by the end of next week, i will be impressed at management and will be very drunk by the end of the night!
In short, love PNO for long term potential but do not like the chanes of shares being around 2c in the next week or so for the oppies!
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