This from the 10th Jan announcement:
"The bondholders that have provided their support for the Restructure Proposal have agreed a standstill on obligations under the Existing Convertible Bonds until 30 June 2017 to facilitate completion of the Restructure Proposal. The standstill can lapse on certain events, for example an investor elects to terminate the standstill where an insolvency event occurs that results in there being no reasonable prospect of the successful completion of the Restructure Proposal."
So the aggrement to hold off repayment was only with those that had signed up to the restructure, and there's an explicit mention that it will lapse in the event the restructure isn't going to proceed. Not good I'm afraid, not got at all.
- Forums
- ASX - By Stock
- PDN
- Ann: CNNC Purports to Exercise Langer Heinrich Call Option
Ann: CNNC Purports to Exercise Langer Heinrich Call Option, page-25
-
- There are more pages in this discussion • 150 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PDN (ASX) to my watchlist
(20min delay)
|
|||||
Last
$13.58 |
Change
-0.220(1.59%) |
Mkt cap ! $4.060B |
Open | High | Low | Value | Volume |
$13.64 | $13.76 | $13.52 | $10.04M | 738.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 73 | $13.57 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.58 | 1322 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 120 | 14.250 |
2 | 57 | 13.930 |
1 | 4 | 13.700 |
1 | 300 | 13.610 |
2 | 161 | 13.580 |
Price($) | Vol. | No. |
---|---|---|
13.000 | 240 | 1 |
13.130 | 1035 | 4 |
13.330 | 581 | 1 |
13.450 | 1400 | 1 |
13.530 | 18 | 1 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |