Yes a CR is an another option. Under the current proposal instead of putting your hard earned dollars into a CR you will be able to buy more PDN on the market when the company is relisted. The question is what happens to the 98% of the shares they are taking. If they canceled them then that would increase the value of the remaining 2%. Hopefully PDN comes back debt free with cash in the bank so they can continue operations without financial stress.
Ann: Letter to Shareholders, page-16
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Last
$8.03 |
Change
-0.140(1.71%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.16 | $7.93 | $7.615M | 950.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2133 | $8.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.03 | 689 | 5 |
View Market Depth
| Last trade - 12.19pm 28/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
