PLA 0.00% 6.7¢ platinum australia limited

deal of the century

  1. 181 Posts.
    Based on current prices and assuming a PLA holder held $10,000 worth of stock when PLA went into administration:

    149,250 PLA shares @ 6.7c = $10,000.
    1 Jubille share for every 5.68 PLA shares held = 26,276 shares.
    26,276 shares at Jubilee current market price of 7.08c (i.e. 4.18p @ 0.59 being the current exchange rate) = $1,860.

    A realised loss of 81% if Jubilee shares are sold.

    Strange we haven't heard from Jubilee holders on this forum for a while?



 
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