It's like talking to a very, very thick brick wall.
I'll try to keep it simple:
CNNC only have the option to buy at an independently assessed fair value - that is the (contested by PDN) contractual option they are attempting to activate - it's not a negotiation... they pay the assessed value or they don't.
If they don't then the next question is - do PDN have the necessary BH agreement for restructure?
Everything else is stupid speculation.
Now - Please attempt to keep this thread on topic - best guesses as to what that valuation might be.
Fair Value Predictions, page-15
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Last
$11.55 |
Change
-0.190(1.62%) |
Mkt cap ! $3.454B | |||
| Open | High | Low | Value | Volume |
| $11.94 | $11.94 | $11.32 | $50.18M | 4.349M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 337 | $11.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.57 | 45691 | 2 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| PDN (ASX) Chart |