Crucially for shareholders:
""Mr Wood said CNNC's decision on Langer Heinrich would drive the recapitalisation strategy for Paladin.
But he said administrators could see a way forward for a restructure and recapitalisation in either scenario and would continue to work with all stakeholders in the pursuit of a solution that maximised value.""
So there is definitely a way forward and value for shareholders. That is quite obvious by the administrator's wording right from the start, all the way up to now. They have seen enough to be confident no matter what.
Rescue effort under way as loan keeps Paladin afloat, page-2
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$9.73 |
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| No. | Vol. | Price($) |
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| 5 | 18227 | $9.72 |
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