re: pbi future thanks for the kind words fellas, my third kid,...

re: pbi future

thanks for the kind words fellas, my third kid, have an older daughter (16) and a two year old lad, so another little girl is great, althoguh i think that's my lot for life now.

as for PBI, all very promising, I think demonic summed it up nicely. They are not stripping the company, there is a lot of work going on to develop this company and hopefully its not going to be long before that hard work is rewarded. The placement has been pitched as a way of getting some more UK investors on board, and the reason for this is that there is a real future for PBI in Europe. Investors to date have not been able to get enough stock over there, despite the falling shareprice there's been relatively light volume. Those who have been holding for some time are still holding and relucatant to sell. Many of those are Australian large holders. make of that what you will. I also agree that the options cash of $9m is very much in the minds of the management, and why not .... if they get the sp cracking in the next six months and get this money in the door they will have all the tools to really drive growth.