Ann: Court Orders re Inspection of Penrice Books , page-2

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  1. 6,183 Posts.
    re: Ann: LCE: Court Orders re Inspection of P... It would be nice if Penrice was to issue a press release explaining what they think LCE are pursuing and their response to it.

    It seems LCE are going to have a detailed look at PSH which other shareholders will not. To level the playing field a little it would be good for PSH to issue a summary of the documents which LCE alone will be viewing.

    Interesting that the court has granted access for LCE to understand the directors insurance cover.

    If PSH don't explain in a forthright manner what is going on it will leave its shareholders and banks to draw their own conclusions.

    bacci
 
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