I asked the company whether a FY19 results presentation with comparatives would be released prior to recommending trading on the ASX. This is the response I received.
'Pioneer acknowledges your comments and request for further information. Providing further information to the FY19 financial statements is currently being worked through and if necessary will, in the most like scenario, be announced prior to the recommencement of trading of the Company’s securities. In the meantime we remain focused on our discussions with the senior financiers and assessing proposals for the realisation of the value of its assets, including change of control proposals or for the provision of either additional or alternative funding.'
Conclude what you will regarding the commentary around the response.
PNC Price at posting:
$2.46 Sentiment: None Disclosure: Held
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