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0.00% 6.7¢ platinum australia limited

re: Ann: Update - Merger of PLA with Jubilee ... Hi all, Forgive...

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  1. andrey
    123 Posts.
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    06/05/13
    19:32
    Post #: 11729530
    re: Ann: Update - Merger of PLA with Jubilee ... Hi all,

    Forgive my ignorance but I find it hard to believe that we will be bought out of bankruptcy with a price twice as high as the price PLA last traded. If we get 30% of the last share price cost, would be great news.
    Can anyone who really understands all that Jibrish in the announcement explain what it means in terms of the buy-out price?

    Thanks heaps,



    PLA Price at posting: 6.7¢ Sentiment: None Disclosure: Held
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