who likes 53c?, page-4

Thanks Ticketmaster

Ords are a respected group, who ask questions directly of the companies they initiate coverage on.

Assuming that indeed they did have communications with PRR management prior to the release of this report, and if this is the complete report from Ords, then every investor should be more than a little interested, if not concerned, about the outright absence of any mention of the NASDAQ listing.

Ords can not be compelled by the SEC, nor restrained by the SEC in how they choose to provide full reporting coverage on any company.

The absence of any mention of the dual listing either means Ords is complying with a request from PRR not to mention the issue, or Ords has nothing to say on the issue because it isn't happening, or PRR made no comment whatsoever on the issue - too many possibilities, too many unanswered questions...

Markets are meant to be about transparency - on the issue of the dual listing we are getting no transparency whatsoever.

And please remember, not marketing an imminent NASDAQ listing to US investors per an SEC request, is quite different from keeping the Australian and NZ markets informed with reasons for the continued delay in listing - one can inform a market while not being seen spruik to another - a distinction that appears lost on many investors.


good luck