PDN has no value, page-6

  1. 811 Posts.
    lightbulb Created with Sketch. 35
    Good point Snifferking.

    I doubt PDN will get a deal done for the bonds while also needing a CR to pay for next year's business losses. The future of the mine is independant of what the bond holders prefer. From a SH perspective it is better for a company administrator to strong arm the bond holders then do a CR. I doubt this can be done while the mine continues operating which will reduce the possibility of pulling it off.

    Most likely the administrator will shut the mine then sell individual assets.

    Remember that PDN originally bought LH mine for $10,000 around year 2000. Deja vu?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$6.96
Change
-0.140(1.97%)
Mkt cap ! $2.777B
Open High Low Value Volume
$7.07 $7.19 $6.92 $23.98M 3.416M

Buyers (Bids)

No. Vol. Price($)
2 865 $6.96
 

Sellers (Offers)

Price($) Vol. No.
$6.99 1000 1
View Market Depth
Last trade - 16.10pm 10/07/2025 (20 minute delay) ?
PDN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.