So 98% of my PDN holdings were effectively stolen - there's no other word for it. Court-sanctioned theft. Nominally they were worth 4.7c before they were stolen, but they were simply removed from my account for no payment at all.
Now, on re-listing, suddenly they're worth 20c. So the administrators, "other creditors" etc who stole my shares now have shares valued at over 5 times what they were and paid nothing for?
And they'd be trickling them out onto the market at 20c, you can be sure.
Sounds like the perfect scam, to me - all masterminded by the CEO and the administrators, presumably (allegedly?).
Why do I get the sensation of the rough end of a pineapple up my rear end?
Meanwhile, the residual value of my 2% holding only serves to rub it in.
How is this even vaguely legal?
So let me get this straight...
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Last
$10.40 |
Change
-1.260(10.8%) |
Mkt cap ! $3.109B | |||
| Open | High | Low | Value | Volume |
| $10.77 | $10.77 | $10.15 | $58.97M | 5.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $10.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.40 | 2536 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |