You may be wrong.....my limited knowledge of these matters leads me to believe the following.,,,,,If DM loses.....he will be responsible for the parties not being able to exercise the options at 1.5 cents......Thus making the exercise price 2 cents.....Incuring an extra $3.75 million dollars. Yes $3.75 million dollars + other costs. DM maybe indirectly paying for the JORC. Other possibliliy PDY may own a Ford Dealership if he loses and can't come up with the money. If he wins after having been scrutinised buy the court,and what revealations may come to light there ?.......he gets nothing. .....I wonder how smart a businesman he really is ?
- Forums
- ASX - By Stock
- PDY
- Ann: Ex Parte Order - Supreme Court
Ann: Ex Parte Order - Supreme Court , page-9
-
- There are more pages in this discussion • 14 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 PDY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
Previous Video
Next Video
SPONSORED BY The Market Online