I am feeling for PDN shareholders right now. I have been watching this from the sidelines for the past 6 months, but I must say I didn't see this situation unfolding. This Chinese business cares only for the asset and will do whatever it can to get it at the cheapest price...... totally ruthless.... PDN management have been played here, very disappointing.
Maybe give Forrester a call for a few hundred mil to sort out the debt? The I/O rebound has put plenty of coin back in his pocket!
Ann: CNNC Purports to Exercise Langer Heinrich Call Option, page-175
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Last
$15.88 |
Change
-0.410(2.52%) |
Mkt cap ! $4.739B | |||
| Open | High | Low | Value | Volume |
| $16.17 | $16.26 | $15.79 | $20.91M | 1.311M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2800 | $15.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.90 | 75701 | 8 |
View Market Depth
| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
$15.90 |
Change
-0.410 ( 2.32 %) |
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| Open | High | Low | Volume | ||
| $16.13 | $16.24 | $15.80 | 258623 | ||
| Last updated 15.59pm 24/05/2024 ? | |||||
| PDN (ASX) Chart |