re: powerlan....gone bonkers
Just nostalgic interest for me
Oh boy. just noticed the anncmt
and 15c yesterday
Powerlan in talks over funding 11:11, Friday, 22 April 2005
Sydney - Friday - April 22: (RWE Australian Business News) - Directors of Powerlan Ltd (ASX: PWR) say they are in discussions with a group of investors, led by the CPS Group (www.cps.com.au), to provide funding for the discharge of current secured creditors and provide additional working capital. It is proposed that this funding will be provided through the issue of convertible loan notes, which (subject to the approval of Powerlan shareholders) shall be convertible into ordinary shares in Powerlan. It is intended that final agreements will be executed over the next week. ENDS
PWR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
