"PieNETWORKS requests that the suspension remain in place until the making of an announcements in relation to the matter.
PieNETWORKS advises that the timeframe for the suspension is dependent upon the outcome of discussions with Telstra, however Directors are hopeful they can provide an update by 17th, February, 2012."
Obviously, Pie are not rolling over and an outcome hasn't been reached yet. IMO the longer this takes the better for PIE and shareholders.
NWZ Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held