Seems to me like PDN is going to try and provide certain assets as security to the bond holders, maybe LH mine asset might be one of those assets in turn making it more difficult for CNNC.
"In exchange for bondholder support, Paladin has agreed to additional undertakings and events of default under the 2017 Convertible Bonds which, among other things, restrict certain disposals of assets by Paladin, subject to certain exceptions."
Seems to me like PDN is going to try and provide certain assets...
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Last
$10.40 |
Change
-1.260(10.8%) |
Mkt cap ! $3.109B | |||
| Open | High | Low | Value | Volume |
| $10.77 | $10.77 | $10.15 | $58.97M | 5.696M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $10.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.40 | 2536 | 2 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| PDN (ASX) Chart |