PPN 0.00% 20.0¢ planet platinum limited

40 to 45 Cents Return to Shareholders

  1. 2,077 Posts.
    lightbulb Created with Sketch. 26
    Hi all,

    Was expecting a little more but still a decent return. A fair chunk has obviously gone in fees for the administration process.


    "It is estimated that there will be sufficient funds in the liquidation to permit the payment in full of all creditor claims.

    Additionally, it is estimated that there will be surplus funds to allow a distribution to shareholders of between 40 to 45 cents per share."  (Page 5)


    Report to Creditors and Shareholders


    Cheers,
    xmagx
 
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