Resumption of trading would depend on the outcome of present negotiations with EdF and if successful, then on the independent valuation. If EdF's 30 day deadline is not extended and remains short of that required for valuation, resumption of trading would be unlikely. PDN will have to announce soon the result of negotiations with EdF. Unless EdF has other motives, a few weeks extra to perhaps guarantee its repayment of $277M should not pose a problem. In comparison to EdF dealing with insolvency by PDN, a positive announcement may be forthcoming. If PDN is able to obtain the valuation of LHM early in that time frame, joint announcements may be made. Trading will resume again only if PDN can avoid insolvency, in which case I will continue to hold (not much left to lose).
Resumption of trading would depend on the outcome of present...
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Last
$13.87 |
Change
-0.110(0.79%) |
Mkt cap ! $4.130B | |||
| Open | High | Low | Value | Volume |
| $13.78 | $13.91 | $13.62 | $20.98M | 1.524M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1826 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 934 | 9 |
View Market Depth
| Last trade - 14.44pm 12/07/2024 (20 minute delay) ? |
| PDN (ASX) Chart |