ann out asic and asx this is serious, page-42

The people that bought in due to the announcement decided the announcement was good enough to buy in. Dont expect a reversal of trades on the 11th April.

This could be in suspension for years. Sorry to bring you this news. I have a feeling its not just the Shareholder's Agreement that needed ticking over. PDY may need to relist with new prospectus. My suspicion for this is that PDY will no longer be an explorer if this deal is acceptable. Dont know if Bannett will play ball. If he says no deal cant go through and PDY can commence trading, no change in business for PDY.

Or if the deal goes through, Bannett will play ball with PDY and cohorts then this will mean PDY will remain in suspension may be till the Oakajee project is finalised and all deals ironned out.

You cant say ASIC is toothless, if it wants to roar it will. If it thinks fit it will bite you. Yes unfortunate for the scant details in the first announcement, some reading it raised the sp to 5c. It would happily traded higher if not for the doubters.