hmmm..after a quick skim read it seems it's the same BS really..apparently our shares are worthless but that somehow makes them useful in the deal? Worth nothing to shareholders but something to creditors? They're really pushing the whole liquidation theme..fantastic scare tactics if you want to cover your ass as an administrator I suppose.
There are no real benefits for shareholders given that we'll only end up own nothing of something..the deal is only going to benefit everyone else involved. And in any event, without any improvement in UX prices or production costs..the share price will probably weaken further anyway even if it does manage to get off the ground initially.
Ann: Explanatory Statement and Independent Experts Report, page-2
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Last
$8.17 |
Change
-0.130(1.57%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.22 | $8.31 | $8.13 | $21.70M | 2.652M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 129 | $8.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.17 | 11735 | 3 |
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| PDN (ASX) Chart |
