So 98% of my PDN holdings were effectively stolen - there's no other word for it. Court-sanctioned theft. Nominally they were worth 4.7c before they were stolen, but they were simply removed from my account for no payment at all.
Now, on re-listing, suddenly they're worth 20c. So the administrators, "other creditors" etc who stole my shares now have shares valued at over 5 times what they were and paid nothing for?
And they'd be trickling them out onto the market at 20c, you can be sure.
Sounds like the perfect scam, to me - all masterminded by the CEO and the administrators, presumably (allegedly?).
Why do I get the sensation of the rough end of a pineapple up my rear end?
Meanwhile, the residual value of my 2% holding only serves to rub it in.
How is this even vaguely legal?
PDN Price at posting:
19.5¢ Sentiment: None Disclosure: Held
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