Yeh reasonably happy - the heads 3 to 1 looks good - and is as it should be with AGU far better positioned than PDY :)
But its difficult to decide on the Options.One PDY Option per one AGUOA option - whats a PDYO going to be worth when it comes on the market? Although the expiry date is lengthened from Sept 2012 to June 2014, the conversion price of 2c per share looks pretty high for an option to buy PDY - current price 0.010!
A long wait ahead on these.
- Forums
- ASX - By Stock
- merger finalised....announcement
Yeh reasonably happy - the heads 3 to 1 looks good - and is as...
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Nick Poll, Managing Director
Nick Poll
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