PBD 0.00% 0.0¢ pbd developments limited

centro-style recovery ?, page-9

  1. 81 Posts.
    wongfeihung,
    I think you are correct.
    After the Capital raising,the company announced that there had been several sales, including a penthouse at above listed prices. I am afraid I suspected that this particular sale may have been to one of the new board members ,their families or a subsidiary company,to give the appearance of revitalisation of sales. I now notice that in the 'for sale' advertising of a local estate agency that an Oceanique penthouse is back on the market.
    Because the company no longer lists on their website which units they have recently sold, and those remaining, the picture is not clear.
    If I was a shareholder I would demand to know, which units have sold, for how much and whether any of those sales have been to Company management,their families,staff or subsidiary companies.
    Shareholders have the right to absolute transparency and the real progress or difficulties being faced by the company.
    I think they may have sold one of the display units.
    I await with interest the announcement on Monday
 
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