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?
So let me get this straight...
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.48 |
Change
-0.480(2.83%) |
Mkt cap ! $4.918B | |||
| Open | High | Low | Value | Volume |
| $16.85 | $16.94 | $16.29 | $28.09M | 1.700M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 30236 | $16.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.48 | 6 | 1 |
View Market Depth
| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$16.45 |
Change
-0.480 ( 3.11 %) |
||||
| Open | High | Low | Volume | ||
| $16.83 | $16.95 | $16.30 | 1421757 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| PDN (ASX) Chart |