The fact that holders want to sue the ASX is a fairly clear indication that they have no faith in the deal entered into by Padbury.
Holders are generally making their way through the 5 Stages of Grief, some faster than others:
1) Denial - there's absolutely no way a company would be making this up, it must be a real $6.4 billion finance package
2) Anger - i hate all you non-holders, you are lying, and we should sue the ASX for letting an announcement like this get released
3) Bargaining - look, $6.4 billion isn't much in the grand scheme of things, considering how many operators Oakajee could service. this thing could finance itself
4) Depression - oh no, i've done all my dough on this company's shares
5) Acceptance - oh well, i've done all my dough on this company's shares
PDY Price at posting:
3.3¢ Sentiment: None Disclosure: Not Held