A stunning silence from Pitcher partners about the expiry of the time limit on the merger. Indeed it does look like Jubilee itself might be struggling to stay afloat following failed asset sales. Maybe Pitcher and co are pitching for more receivership business? They are certainly too busy with it all to keep us informed. No doubt though, they will be keeping Macquarie bank in the loop and in the cash.
PLA Price at posting:
6.7¢ Sentiment: None Disclosure: Held
