My thinking:
PDN could do a placement to the shorters for say 15 cents. Then the shorters replace the shorted shares. Problem solved (for them), PDN gets some more money (80 million @ 15c = $12m).
I doubt they will need to be bought back on-market.
My thinking: PDN could do a placement to the shorters for say 15...
-
- There are more pages in this discussion • 67 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PDN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$12.56 |
Change
-0.680(5.14%) |
Mkt cap ! $3.748B | |||
| Open | High | Low | Value | Volume |
| $12.52 | $12.71 | $12.09 | $73.41M | 5.877M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8050 | $12.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.58 | 5545 | 2 |
View Market Depth
| Last trade - 16.10pm 25/06/2024 (20 minute delay) ? |
| PDN (ASX) Chart |