LOL, now thats optimism for you. This takeover has about as much chance of going through as I do in getting all my money back. Jubilee's share price is at record lows, the merger failure is no longer being priced in, the market is pricing in a complete bust for Jubilee. Look at that Jubilee chart, where do you think its heading? Look at their cash burn! And look at who is running Jubilee, what has he actually delivered in all of those years. Coezter's sucked the Jubilee teet dry with his astronomical wages and he thought he had a new PLA teet to suck on but unfortunately for him the market has seen through his BS hence the SP. Jubilee will be extremely lucky to save themselves (especially with Coetzer at the helm) let alone trying to continue with this takeover.
PLA Price at posting:
6.7¢ Sentiment: None Disclosure: Held