If anyone has noticed how ironic this paragraph is taken from the first report of the Administrator -
"I note that Ure Lynam Financial Servces Pty Ltd acts as a trustee of all convertible note holders. I advise that I have received a proof of debt form from Ure Lynam Financial
Services Pty Ltd in the amount of $2,587,698.47 (including the total amount of all convertible notes issued and unconverted and all associated interest accrued to the date of the first meeting of creditors)".
The Director of the above company is Robert K Hunter. Further along in the administrator's report we find the following-
"Ure Lynam Financial Services Pty Ltd ("the Proposer") have put forward a proposal for a Deed of Company Arrangement for consideration by creditors. A copy of the proposal is attached as "Annexure .A'". Creditors should note that the original deed proposal will be tabled at the second
meeting of creditors on 3 September 2009"
What a coincidence that PLT suddenly owes Ure Lynam Financial Services over $2M and they kindly offer to take over ownership of PLT when the sh*t hits the fan!
Further again in the report Ure Lynam propose to issue full and final settlement of PLT with employees who are owed back wages paid .32 in the dollar of what is owed to them and share holders NOTHING!! -
THEY NEVER INTENDED TO FRONT UP A RED CENT TO THE MANY SHAREHOLDERS WHO CONTINUED TO BELIEVE IN THEM WHILE THEY WERE ROBBING US ALL BLIND
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Change
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Mkt cap ! $125.3M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 97 | 72.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 1205 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 97 | 0.725 |
1 | 21507 | 0.705 |
1 | 18316 | 0.700 |
1 | 1500 | 0.660 |
1 | 4370 | 0.655 |
Price($) | Vol. | No. |
---|---|---|
0.750 | 1205 | 1 |
0.760 | 2264 | 1 |
0.770 | 14781 | 1 |
0.780 | 24034 | 3 |
0.785 | 2816 | 1 |
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