Luckysmile, much as one would like to have some definite news, the fact of the matter is that PLA is in the doldrums.
I can't see that the Company will have any cash left. I expect that any capital assets will be in lien to Macquarie and/or the administrators. I would suggest that they have buckleys of unloading those assets in the current environment for platinum: even if they do sell I can't see that there will be any value left in the shares we hold.
In other words forget it!
PLA Price at posting:
6.7¢ Sentiment: None Disclosure: Held