A lot worse than dilution by the original restructure which involved issuing the bond holders shares and a capital raise for $75M. What a deal this is! If bondholders are to be given 98% of shareholders shares, does this mean they take ownership of all of PDN's assets eg LHM, 80% of SMM (market cap $44M), Kayelekera, all Australian prospects and what is left of Michelin. Which side is Woods on?
Ann: Administration Update Report to Creditors and Proposed DOCA, page-19
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Last
$7.96 |
Change
-0.210(2.57%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.15 | $8.16 | $7.94 | $6.073M | 757.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3177 | $7.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.96 | 515 | 3 |
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| Last trade - 11.40am 28/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
