Now it is 0.5c (avg), so 3.8c-0.5c = 3.3c loss (on avg) X 200m shares = $6.6m need to recover Plus legal cost...
Director's insurance claim may have clauses eg announcements must be review by lawyer. So PDY's director insurance may not pay since Gary made that announcement on 11/4 "did NOT review by company's lawyer(s)" (according to media article).
IMHO it is very dangerous to hold stock.
PDY Price at posting:
0.5¢ Sentiment: ST Sell Disclosure: Not Held
