Patersons...like who would listen to them.....
pdn has 1 year to pay down the finance or re-finance.....this downgrade sniffs of camel dung.....
have to wonder what goes through their minds when they put out rubbish like this.......
just go to the report dec qt4 2011
page 45
convertible notes
conversion price of notes
DUE 2013 US$6.59
DUE 2015 US$5.665
...........................................
1
Pdn as at dec 31 2011 CASH POSITION US$128.8M Pg1
Current Inventory dec 31 US$187.1M
2
Sales revenue INCREASED 50% result of HIGHER sales volume Pg1
3
NEW CONTRACTS...commencing 2012 to 2016 pricing mid to low US$60 lb for 2.8Mlb Pg2
4
LH stage 1 financing repaid US$24.8M Pg1
5
A higher proportion of contracted deliveries are SCHEDULED in the forthcoming 6 months to 30/06/2012 Pg15
did they forget to read pages 1 ,2 and 15 and 45
believe that valuation and then put a tooth under your pillow and wait for the tooth fairy
looks like another hammering, page-5
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.81 |
Change
0.020(0.17%) |
Mkt cap ! $3.532B | |||
| Open | High | Low | Value | Volume |
| $11.60 | $12.03 | $11.57 | $31.41M | 2.662M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 15924 | $11.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.82 | 548 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| PDN (ASX) Chart |