I think AM is calling cnnc bluff here. Cnnc goal is to drive down the share price and have a failed restructure deal and get LH in a fire sale with first dibs. $175m was for 1/4 of LH. So $525m for the rest will payback 2017 debt $220m and edf $260m. Then pdn has their other mine (on c&m) and all of mich + other small assets. Still have 2020 debt to deal with. Although i dont like this approach it will leave $65m in the bank for other mine c&m. And they could entice someone into mich.
- Forums
- ASX - By Stock
- PDN
- Ann: Voluntary Suspension
Ann: Voluntary Suspension, page-6
-
- There are more pages in this discussion • 58 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 PDN (ASX) to my watchlist
|
|||||
Last
$9.79 |
Change
0.820(9.14%) |
Mkt cap ! $2.905B |
Open | High | Low | Value | Volume |
$9.80 | $9.98 | $9.66 | $39.14M | 4.002M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8 | $9.79 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.80 | 15000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8 | 9.790 |
1 | 7 | 9.780 |
1 | 7 | 9.770 |
1 | 7 | 9.760 |
3 | 23291 | 9.750 |
Price($) | Vol. | No. |
---|---|---|
9.800 | 15000 | 1 |
9.820 | 1895 | 2 |
9.830 | 7 | 1 |
9.840 | 37016 | 5 |
9.850 | 6584 | 2 |
Last trade - 16.10pm 12/09/2024 (20 minute delay) ? |
Featured News
PDN (ASX) Chart |