Hi all,
I spoke to the administrator of PDN today. The feedback i received was very positive, creditors need to agree on several restructure proposals submitted by various parties. As LH is a one of a kind world class asset it is highly unlikely that it will go into liquidation as stated by administrator.
All stakeholders are actively involved in high level negotiations.
Possible outcome in 6 weeks after creditors meeting. If a deed of arrangment can be agreed to PDN may trade again.
Regards
Moon
Administrator
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Last
$9.63 |
Change
-0.160(1.63%) |
Mkt cap ! $2.885B | |||
| Open | High | Low | Value | Volume |
| $9.79 | $9.81 | $9.51 | $8.064M | 838.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 9556 | $9.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.63 | 2753 | 8 |
View Market Depth
| Last trade - 14.50pm 02/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |