The guys and girls at Acorn Capital Limited have got to be happy with their recent investment.
Remember they partly underwrote the recent rights issue on 9 Feb.
6.5m shares at 8 cents. Looking good now. The Smart Money!
However, from their recent notice it was noted by some (here) that their average buy price was around 40 cents? So the SP still has some lifting to do before they break-even.
I'd imagine most of the other significant holders (and top twenty) are still in the same boat.
My thoughts!
Gus
PLA Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
