PDY padbury mining limited

taking action (all holders come in this thread, page-21

  1. 17,313 Posts.
    lightbulb Created with Sketch. 975
    ok guys spoke with IMF at length

    They suggested that holders peak with a slater and gordon type or a lawyer that will do it on spec ie: no cost upfront to holders.

    IMF are normally engaged by a law firm once the claim has been validated.

    This one, im basing it on 190m traded at ave 4c, maybe $8m claim, then u need to take out those that didn't lose money that day and those that sold prior to the anns, this may be too small for IMF.

    Anyway, the answer from here is to have a shareholder contact a law firm willing to take on the case either pro bono or holders would need to pay an amount to get it started.

    As I said above, it would be a good idea to have one spokesperson, maybe the largest holder or a larger holder, to speak on behalf of those affected, and one other to take all details down and collate to provide to the law firm.

    Hope this helps.

    cheers.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.