GREY:PSLRF - Post by User
Comment by
roscoe74on Jul 30, 2014 10:29pm
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Post# 22796821
RE:Question for Roscoe...
RE:Question for Roscoe...Its all mere speculation based on data available, uwinsome. I thought it rather a rich deal.
PXL, obviously will not fetch $1.61 with the market allowing ~ 50% NAV for small caps less debt.
The NR about this amalgamation looks to me on first reading like the management team selling out the shareholders to hold on to their jobs. Directors are also filling pockets with fees before sending the good ship PXL to the knackers.
More info is due at the 2q14 release.