EDF pulling the plug.
I really can't see how this is a better result for them if PDN goes into administration when a potential resolution is within 7-8 weeks.
Negotiating tactic? Michelin + cash after the sale? They've got PDN over a barrel so I guess they can ask for whatever they want within reason...
If it goes to the administrators - where will EDF be in line to get their $$$ back?
Ann: EDF Demand / Bondholder Support, page-2
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Last
$13.07 |
Change
0.130(1.00%) |
Mkt cap ! $3.907B | |||
| Open | High | Low | Value | Volume |
| $13.00 | $13.11 | $12.78 | $30.12M | 2.321M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 7872 | $12.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.07 | 8830 | 5 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |