PLS 5.69% $3.16 pilbara minerals limited

Ann: Suspension from Official Quotation, page-86

  1. 4,560 Posts.
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    Well, that's the issue I mentioned with CR and ability to fend of vultures.
    If you can't do a CR straight to instos or borrow funds = you have to do prospectus offers. Thus opening the door for someone like MIN to acquire blocking stake.
    After that it's just the matter of purchasing debt/bonds from current creditors, at slight premium and:
    You're in prime 'lend to own takeover' position.
 
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