PDY
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0.00% 0.7¢ padbury mining limited

company take over, page-12

  1. lordkoala
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    29/08/09
    12:55
    Post #: 5572332
    In addition to the "ob" options, there's 700 million "0003" unlisted options out there, plus double that if they exercise them.

    I think the sophisticated investor group would have something to do with ensuring that, in the event of takeover action, they would receive fair remuneration for their "0003s".

    Hopefully, then, the deal would also include the "obs".
    PDY Price at posting: 3.6¢ Sentiment: Buy Disclosure: Held
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