Even if you assume "normal" UXA prices should be $40, 50 way above current spot prices, you're exactly right, company needs a recapitalisation to keep it going. And a debt restructuring. This means lots of dilution and pain for existing shareholders. And this is the best outcome.
Tumbleroll: sorry mate, I can't forward the article, but let's just say it assumes at least half of debt equitised and a big capital raising. There will be massive dilution. Don't think bondholders will accept current stock price either.
PDN has no value, page-17
-
- There are more pages in this discussion • 39 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.79 |
Change
0.040(0.41%) |
Mkt cap ! $2.927B | |||
| Open | High | Low | Value | Volume |
| $9.90 | $9.96 | $9.77 | $22.83M | 2.323M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22420 | $9.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.84 | 11020 | 3 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |