PZC pan asia corporation limited
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Ann: Proposed Aquisition of Sizeable QLD Coal Assets, page-7

  1. jarg
    1,145 Posts.
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    12/12/15
    05:25
    Post #: 16599581
    This is a clear ploy to dilute holders to oblivion. The new asset is worth less than one tenth of the value they are ascribing to it so the transaction is neither fair nor reasonable.

    I wonder what happened to the proposed takeover deal?

    I say vote no!
    PZC Price at posting: 0.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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