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
$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 |
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| Last trade - 12.19pm 28/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
