The money raised is only enough to keep the lights on in the office and fund the solicitors. The only play is to hang in and hope they can get some money back from Cadco/Blade/Viking mess .
I like the way Albers and one of his directors at Octanex have bought shares in that company above market prices to keep them financed and it is that attitude that makes me consider taking my placement in PKO.
Ann: Letter to Shareholders - Non-Renounceable Rights Issue, page-3
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