PLA 0.00% 6.7¢ platinum australia limited

bit of a noob question about administration, page-24

  1. 1,245 Posts.
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    Nice pick up. I'd be interested in hearing from anyone on the ground regarding the booth and reports from the conference.

    I take some heart from the fact that we've had three reports so far from the administrator in so many months (certainly better at communicating than the previous management).

    Another positive is the recent strong rise in the price of Platinum.

    I expect we will see some return - just comes down to what degree and whether we get bought out (or sold out) and/or how much up-side current holder might retain.

    Still nervous regarding the outcome, but somewhat confident.

    Given the speed at which the Administrator has dealt with the issues so far I get the feeling we wont have to wait too long to be put our of our misery.

    Probably not by September, but I'm guessing before the end of the calendar year.

    Gus
 
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