Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Warning: This Podcast contains bad langauge throughout as well as a couple of mother in law jokes. In it I cover TrakM8 (TRAK), Petroceltic (PCI), Frontier Resources (FRI), criminals who should be in jail, Plethora (PLE), Pinnacle Technology (PINN), Plutus Powergen (PPG), Fusionex (FXI) and the fate of those follishly buying into shitty little oil stocks today.
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Comments
Drunken Sailor
WorldView have been having an ongoing spat with management of PCI for the past 12 months. They are going to have the last laugh now there is no doubt about that. They do not need to offer shareholders anything, once they own the debt, if they do not want to maintain the listing. They are probably better off taking the assets, ditching the listing and then relisting when POO makes the equity worth something