Yes mate I read the announcement and yes they are way too cheap at present levels BUT my Bank manager's on my back and I had to offload .5M today at 1.3c. In my opinion MOUs do not overly excite me. Any decisions are probably months and months away. I'm more interested in this Tartana deal and hope things work out OK over the next 3 to 4 months
Ann: Company Announcement - Phoenix Process Equipment, page-5
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