Someone might have forgotten to tell the ASX that PLA's Market Cap is now only A$36 million. Not sure how PLA got on the ticket for this road show given the criteria of ' market capitalisation between A$150 million and A$2 billion', but I not complaining. Any opportunity to market the company has got to be good! Hopefully this time next year we'll be back over A$150 million, so PLA can be apart of it again.
'ASX Small to Mid Caps - The event features companies from a variety of industries, with the following criteria: A market capitalisation between A$150 million and A$2 billion More than two analysts to have initiated research'
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On a more serious note;
I have been informed that the presentations and meetings in NY and London on March 1 and March 8 attracted a fair amount of interest in PLA and (according to the ASX organisers) PLA had among the highest interest of all the companies in terms of the number of one on one meetings with John Lewins.
From this I get the feeling that PLA is on a few 'watch lists', however the serious money is waiting for confirmation on the 'turn around' story before taking a position.
Gus
PLA Price at posting:
7.2¢ Sentiment: Buy Disclosure: Held