ARI

4.17%

2.3¢ arika resources limited

thank you @Visionary

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onemillionjoker

305 Posts.

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05/07/20

23:23

Post #: 45657369
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Originally posted by Visionary: ↑

Hi AM429, because it was a totally different company back then called Portland Orthopaedics (PLD) which was in the healthcare sector with medical joint replacement devices that went into receivership in 2009. Company was reconstructed in 2011 then subsequently in 2015 changed its name to Metalicity when the Admiralty Bay tenements were acquired. See notes below from 2015 General Meeting notification:
PLD was admitted to the Official List of the ASX on 20 December 2005. PLD is a health
care equipment and services company which is primarily focused on the
development of medical device products and also mineral exploration.
The Company was suspended from trading on ASX on 24 November 2008 at its
request, and on 2 December 2008, Robert Whitton and Bradley Tonks of Lawler
Partners were appointed as joint Administrators.
At two meetings of creditors held on 16 January 2009 and 23 March 2009 respectively,
it was resolved to accept the Deed of Company Arrangement (DoCA) recommended
by the joint Administrators so that the Company could seek and negotiate proposals to
reconstruct the Company with interested parties. The DoCA was signed on
15 April 2009, and, on 5 July 2011, the DoCA was varied to reflect the recapitalisation
proposal which was accepted at a meeting of creditors on 8 April 2011.
Shareholders passed the necessary resolutions on 23 November 2011 for the
Company to proceed with the proposal to recapitalise and restructure the
Company, and accordingly, the DoCA was effectuated on 23 November 2011. The
Company was removed from external administration at the same time, and the
Company changed its name to PLD Corporation Limited.
PLD currently owns Rocky Gully North tenement E70/4622. For the past 2 years, PLD
has been evaluating alternative corporate opportunities, both in Australia and
overseas, which have the potential to deliver strong future growth for shareholders.

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thank you @Visionary

MCT Price at posting: 2.9¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 2.3¢		Change -0.001(4.17%)		Mkt cap ! $14.22M

Open	High	Low	Value	Volume
2.4¢	2.4¢	2.3¢	$22.53K	951.1K

Buyers (Bids)

No.	Vol.	Price($)
3	332206	2.3¢

Sellers (Offers)

Price($)	Vol.	No.
2.5¢	210000	2

View Market Depth

No.	Vol.	Price($)
3	332206	0.023
4	600000	0.022
3	1510167	0.021
9	825000	0.020
2	499996	0.012

Price($)	Vol.	No.
0.025	210000	2
0.026	35000	1
0.027	231053	2
0.028	316348	4
0.029	339101	2

Last trade - 16.10pm 15/11/2024 (20 minute delay)

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