Pattisons are a National Stockbroking firm. Not sure of their...

Pattisons are a National Stockbroking firm. Not sure of their size in the scheme of things compared to the big players but they often get a lot of clients into smaller stocks for a quick gain.

I think the mention of 88c might be their 'get out' price.

The big question with PGL at present is whether they can 'engineer' something better regarding a possible M&A which might offer shareholders more then the $1.10 cash holding value.

ie a bigger entity might offer a share takeover valuing at the $75M odd cash, PI-88 etc IP and other Progen assets such as the Laboratory at Darra at $1.10+ per share.