PNC 7.61% 49.5¢ pioneer credit limited

Ann: Pioneer enters Standstill Agreement with Senior Financiers, page-11

  1. 1,066 Posts.
    lightbulb Created with Sketch. 130

    So your contention is that they will continue to let the company sink free cash flow into buying more assets in the vainglorious hope that they'll find a buyer who will pay overs for those assets. Assets that you postulate may not be worth even the debt they're backing.

    If CBA and WBC are that stupid then they deserve to get their backsides handed to them.
 
watchlist Created with Sketch. Add PNC (ASX) to my watchlist
(20min delay)
Last
49.5¢
Change
0.035(7.61%)
Mkt cap ! $69.48M
Open High Low Value Volume
49.0¢ 49.5¢ 49.0¢ $1.272K 2.589K

Buyers (Bids)

No. Vol. Price($)
1 570 49.5¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 50932 2
View Market Depth
Last trade - 16.10pm 16/08/2024 (20 minute delay) ?
PNC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.