PEZ premiere eastern energy limited

They all resigned en masse, something big is happening. Maybe...

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    They all resigned en masse, something big is happening.

    Maybe the company is going to be liquidated. To pay back the bondholders.

    at current NTA of around 13 cents per share, shareholders would see at least around 10 cents per share returning. 5 times, the last traded price.

    I do hope they put PEZ in administration for everyone's sake.

    Owner or adminstrator could play trick and sell assets to related party for cheap, however they already own 80% of shares, so they would effectively cheat themselves... plus australian holders made up less than 2% of shares, so may not be worthwhile cheating us.
 
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Currently unlisted public company.

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