I think, blame for all this mess points to present CEO Alex. How can a CEO makes a nonbinding agreement with a partner whose conduct was not at all trustworthy, and then wait for more than 6 months, doing nothing, and then came out with restructuring proposal, which will increase company equity by 3 times, and then will dilute it 10 times, and on more of that, knows fully well that it may trigger an option for Chinese to exercise, and blindly hoping that the party who is not cooperating with them in the past will help them now. Due to these decisions, this highly undervalued company, under these circumstances, may go to some competitor at throw away valuations. I was reading somewhere, the present CEO was fired in the past by South Gobi resources.
- Forums
- ASX - By Stock
- PDN
- Ann: Bondholder and Nedbank Standstill
Ann: Bondholder and Nedbank Standstill, page-54
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PDN (ASX) to my watchlist
|
|||||
Last
$10.52 |
Change
0.380(3.75%) |
Mkt cap ! $3.145B |
Open | High | Low | Value | Volume |
$10.43 | $10.60 | $10.31 | $22.00M | 2.093M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 39693 | $10.51 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.54 | 1500 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 39693 | 10.510 |
4 | 15016 | 10.500 |
1 | 7750 | 10.490 |
3 | 7934 | 10.480 |
1 | 5228 | 10.450 |
Price($) | Vol. | No. |
---|---|---|
10.540 | 1500 | 1 |
10.600 | 60600 | 2 |
10.630 | 39975 | 2 |
10.640 | 2844 | 3 |
10.650 | 5228 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |