Carlos - please explain your "plan B"??
Do you realise that PDN has to pay $212M next April?
By far the best plan now for all shareholders is to complete the transaction with CNNC.
The share price now being below 20 cents is dangerously low and the company is at serious risk of takeover. Is that what you want to see? A cheap takeover at 30 cents? That is WORSE!!! You will have NOTHING left then!!! Better that you maintain 51% of the crown jewel than nothing don't you think? Plus other longer term potential.
Hopefully with this "Bullish Harami Cross" that aussiebulls have detected, which apparently is way more significant than a regular Bullish Harami, the tide is finally turning and the violent upswing will now happen. The outline of both of these signals is like a pregnant woman they state, but the baby is now a "Doji". Fascinating stuff.
Where to from here shareholders, page-28
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