PBD pbd developments limited

questions

  1. 590 Posts.
    Short term volatility aside, there are some questions I would like answers to:

    Does anyone know why Ross Neumann increased his stake in the company in recent months? Or why departing Chairman Michael Perrott did not take his son with him when he left?

    Surely if was suspected that there was a great chance refinancing would not happen, a father would advise his son not to go for the CEO job and Ross Neumann would not have increased his stake at 42 cents.

    It is totally understandable for St George to do further due diligence, their shareholders would expect nothing less as St George have coped a hiding in the press of late but PBD has said publically that they have been unofficially told financing would be extended. What do people make of this public statement?


 
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