It has been suggested by some of the larger shareholders within the PDF shareholder action group that an informal meeting be held to jointly discuss the options available and the timetable and order to implement them.
The meeting is for like minded shareholders who wish to be proactive and have made contact with
[email protected].
If you wish to go to this meeting which will be held in the Melbourne CBD you will need to make contact
and advise your Name and shareholding in PDF to the above email address. The date and address of the meeting will be advised via the shareholder group email.
It does appear that this shareholder group is the last option PDF shareholders have of recovering any of their investment.
We have been advised that the first farm to be acquired has not had any contact in the last 9 months from management of PDF. During this silence management have been stating in their printed announcements that this farm will be the first to acquired.
Simularily PDF management have not notified shareholders that 1 of the 5 farms to be acquired has since been sold and no longer available to purchase.
Clearly non contact with the asset they wish to purchase (first farm) for 9 months suggests that the current management has absolutely no confidence in being able to raise the funds necessary to acquire the asset!!!!
If you are a shareholder and have any questions, then please contact us by email.