Maybe it's time to take what's happened on the chin, instead of blaming and spinning misinformation about others.
I'm not a lawyer, but the terms of the bid/offer, where PLS get paid if they are unsuccessful, may have been requested by the note holders and not PLS, where note holders negotiated a higher sales price by offering that clause, providing some certainty for the note holders. We are in a global recession. Note holders would be fully aware of the FIRB restrictions, and at end of day, it's their money and they want to salvage as many cents in the dollar as they can.
D
Ann: Extension of time to convene second meeting of creditors, page-97
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Mkt cap ! $18.53M | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 39662259 | 75 |
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