Hi all,
I spoke to the administrator of PDN today. The feedback i received was very positive, creditors need to agree on several restructure proposals submitted by various parties. As LH is a one of a kind world class asset it is highly unlikely that it will go into liquidation as stated by administrator.
All stakeholders are actively involved in high level negotiations.
Possible outcome in 6 weeks after creditors meeting. If a deed of arrangment can be agreed to PDN may trade again.
Regards
Moon
Hi all, I spoke to the administrator of PDN today. The feedback...
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Last
$7.74 |
Change
0.075(0.98%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $7.63 | $7.82 | $7.59 | $6.671M | 859.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 6857 | $7.74 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.75 | 3870 | 10 |
View Market Depth
| Last trade - 12.19pm 03/12/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
