PDY padbury mining limited

6 billion secure to pdy for port and rail, page-209

  1. 22,728 Posts.
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    Rich overnight? You can't trade them on Monday, and a slight possibility that they will never be traded again.
    A stock in a trading halt is almost as good as worthless.

    Why is it that some 11111111 eyed posters think that because you don't hold a stock, you are disappointed. Don't hold any FGE or PNO or LYC, (is that enough for you), either. No reason to be disappointed there, just as actually am glad I don't have any here.
    I'll be happy to be wrong, but if I'm right, there will no doubt ongoing ramifications for all concerned, from investors, to PDY and the ASX.

    People that have been holding this stock since 2009 or 2011 are in the red.
    Sad to see so many people throw due diligence out the door, on the dream of making a quick quid.

    ...............................................................................


    furniture, I'd say somebody, maybe many, at the ASX have made a MAJOR stuff up. If this proves to be a load of crap, every trade for the last weeks/months will have to be reversed? On the other hand, if it is genuine, why do the investors insist on secrecy. Why didn't PDY clarify the situation on Friday, instead of calling a trading halt 'till Tuesday? Why did PDY risk putting out an ann. knowing that it was non-compliant.
    Looks like not much has changed here, other than the date.
 
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