re:top 20 ..takeover talk confirmed
265 vwap but holding higher very well refer delayed intraday rising pennant shape
10 April 2006 NEWS RELEASE MARKET UPDATE Pacifica Group Limited announced today that following a confidential approach from an unnamed party, Pacifica is currently in discussions with that party. Those discussions could potentially lead to an offer or proposal being put to Pacifica shareholders which might result in a change of control of Pacifica. These discussions are preliminary and incomplete and no agreement has been reached. There is no certainty that agreement will be reached at any future time or that an offer or proposal will be put to Pacifica shareholders. Pacifica will keep its shareholders fully informed and a further announcement will be made in the event of any material developments. Released by: John MacKenzie Managing Director Pacifica Group Limited
PBB Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held