The news is definitely not negative. They seem to have significant support from stakeholders suggesting that even these stakeholders believe PDN will prevail in Arbitration, at the end of the day, if the situation is terminal, you would not bother with this. The other announcement regarding the minority sale is immaterial.
Ann: Bondholder and Nedbank Standstill, page-2
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$13.24 |
Change
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Mkt cap ! $3.951B | |||
| Open | High | Low | Value | Volume |
| $13.66 | $13.70 | $13.24 | $115.9M | 8.727M |
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| No. | Vol. | Price($) |
|---|---|---|
| 5 | 60263 | $13.23 |
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| Price($) | Vol. | No. |
|---|---|---|
| $13.29 | 42663 | 1 |
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