I dont know about that. As i understand it, if the opton is valid CNNC has to exercise or they lose it.
If we look at what PDN was trying to do before this debacle occurred , they were going to keep 75% of LHM and do a captial restructure. We will know pretty soon either way.
19th August - Intentions, page-4
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Last
$9.63 |
Change
0.030(0.31%) |
Mkt cap ! $2.856B | |||
| Open | High | Low | Value | Volume |
| $9.87 | $9.94 | $9.49 | $10.35M | 1.076M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 724 | $9.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.64 | 2344 | 12 |
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| Last trade - 13.06pm 07/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |