PDY padbury mining limited

why did all of this happen?, page-7

  1. BT
    377 Posts.
    I posted some time back and only recall one other with similar views.

    Go back to timing of release and look if this fits into place:

    My guess is with 600 strong OZ delegation in China at the time and low and behold GS was not amongst them, no surprises there, knowing CB was keen to get the Chinese back in the game PDY decided to put out a BS funding agreement to try and nip any dealings with China in the bud.

    A high risk strategy, it has blown up in their face and consequences will be severe once ASIC and Class Action is finished.

    No other logical explanation makes sense as to why they took this huge gamble.
 
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