Permat Holdings should have taken up its full entitlement in the recent offer and this is shown in the April 17th Appendix 3Y statement with both Mathieson and Perrin showing an increase in the Permat Holding from 50M to 62M. Is the company now telling us that Permat did not take up the entitlement?? This needs to be cleared up as Permat should have paid in $6M! I don't believe that Perrin was the recent seller. It may have been previous directors who held less than 5% individually. The reporting by WDR recently has been very poor in MHO.
WDR Price at posting:
24.0¢ Sentiment: Hold Disclosure: Held
