I have read that some PLA holders would like a sale of assets. I would guess after creditors were paid off there would not be much left for pi's.
If the merger with JLP is a poor decision what would be an alternative for investors here recovering their losses.
JLP's sp is currently below 12p still trailing its peers in the same sector that has seen their sp rise by 50%. The market is still undecided on whether or not this is good for both companies.
PLA Price at posting:
6.7¢ Sentiment: None Disclosure: Held