PDN 1.11% $11.79 paladin energy ltd

Ann: Recent Share Price and Trading Volume, page-113

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  1. 1,267 Posts.
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    You have been criticised for your realistic posts, but these are grim figures. The % of agreeable bond holders is still too low. The phrase "grave consequences" may either be a genuine warning to investors buying with the expectation that the bond deal will go through, or to keep a lid on the sp and market cap to facilitate a TO. Otherwise you would think that an increasing sp would not only encourage bond holders to sign up, but also placate EDF who are concerned about losing $200M in prepaid supply. If EDF is worried about the deal, we should be worried. Alternatively the resulting huge dilution (should the deal go through) may be viewed as negating such a benefit. The bond holders and EDF have some degree of security over assets but we share holders may have nothing. While a wishful "Plan C" takeover based on current sp would be good for recent buyers, long share holders like myself would suffer huge losses. There will be crucial announcements over the next few weeks. Is the glass going to be emptied or filled again? Good luck to all, especially to longs.
 
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