Member Info for Jace86

What do you think the OO covers? The pre-approval for shares is quite small as well... Rns with OO should give you all the clues you need...

Psl has gone... it'll be disposed of. It's the listing and losses from the previous business that are of value.

Wait until the scramble begins as positive news flow comes. I think there will be a few surprises! No rush to sell at the moment.

Assets would be the considerable tax offsets too from years and years of losses.

Exactly, few weeks to a month I reckon. The book will have to be balanced, audited and then prepped for returns after all paid shares have been issued.

Why I'd warn against trying to forward sell OO using existing holdings which I reckon some did yesterday. You won't be able to buy back in cheaply as by the time your change from excess is returned you'll be looking at buying back in when theres been newsflow.

HL indicated that there was no specific timescale... anything from a few weeks to a month maybe?

What people are forgetting are the past rns. No reason for rise etc and the attempts to pull back the share... if people have done their research here they shouldnt be running off another rns...

I don't think that'd happen. He wants the listing imo... he could have increased holdings on the open market.

People just can't realise that's what was in the last rns... see the post from wild_card that has summed it up perfectly yesterday. All is still on the table. We'll find out about the OO soon enough, disposal of psl which has been voted for, hence the appointment and then when the offer from Antos goes ahead and RTO target is announced we will be there.

TR1 is when someone holds a position of 3 percent or more. The market needs to be notified.

Not missing anything. I'd expect they would have to mention if there are others. What they don't say definitely is what the target will be... Today's panic was a complete misinterpretation by traders and possibly some holders. More news to come on the OO, the disposal, the RTO target and of course, further board changes.

Well, should a share be oversubscribed which this will be things usually go well... I cant see a tanking...

Did it tank hard today or did that dip get bought quickly?

Which is what people just arent getting. It reduces the possibility of people just flipping them with no one getting any benefit and holders getting shafted. This sees us to a better position. I won't be in a rush to sell mine on Friday. There's more news to come.

Milli - are you on twitter?

There's a strong suspicion they forward sold. Hence the OO for the entire lot that was within authority. Before that it was just to be placed.

I thought today's news was good and helps move things forward. Next news we know has to be about the OO. I'm going for over subscribed... if it is, then how's that get out of jail free card looking?

It may, it may not but it'd only be sensible to sell if and when you realise what it is and if you determine it's not for you... the herd jumping over the gate today was pure sheep like behaviour...

Correct and if you look at the rns, theres been no refusal to Antos' offer documented in the last rns... people expect these things to happen over night and then sell when it doesn't.