Wow! close on six million shares potentially diluting Retail Shareholers investment trust.......exercise price 1p for the next ten years.......so we can gauge the level of sp that Directors will be happy with ... 10% above 1p will net them 600 Grand between them - -
Such a small change in sp will be easy enough to achieve - as the company has been losing investors like a sinking ship. I sold most of mine (at a small loss) at 8p when it was called "Screen" - jolly glad I did, too.
Just who gives Directors permission to make money by a modest revival in sp? Or, can we assume that the Directors don't anticipate any profits (to restore sp) for the next 10 years?
All IMHO, naturally.

Petards UK smallcap opening
LONDON (AFX) -
Again on the upside, shares in Petards Group were hoisted 0.13 higher to
1.05 following news that the AIM-listed developer of advanced surveillance
systems has won contracts from the UK Ministry of Defence valued at 1.3 mln stg
to supply electronic countermeasures dispensers and missile warning equipment
repair services.

Nothing is certain in this life, but PEG seems to going in the right direction. Plenty of contract wins, surveillance is a definite growth area and now forcasting a profit.


15 Dec'06 - 01:27
Petards expects H2 profit

LONDON (ShareCast) - Petards Group, the surveillance systems developer, said it expects to make a profit in the second half after it completed its restructuring.

Petards Group PLC
20 December 2006



Petards Group plc ("the Company")

The Company was informed on 20th December 2006 that Chelverton Growth Trust has
a notifiable interest in 25,000,000 ordinary shares representing approximately
3.926% of the issued share capital of the Company.



20th December 2006


This information is provided by RNS
The company news service from the London Stock Exchange

another gem long term

get in before the horse bolts dyor

only for fools.

only goes oneway.

well see