PDN 2.51% $7.97 paladin energy ltd

Ann: Administration Update Report to Creditors and Proposed DOCA, page-9

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  1. 7,480 Posts.
    lightbulb Created with Sketch. 148
    So this proposal means that if the market cap of paldin were to say multiply 5 times to $400 mil on relisting, bondholders would hold $392 worth of shares and collectively all shareholders would own a tiddly winks company with a market cap of $8 mil

    that is a big IF the market cap multiplied 5 times.... Bondholders have been very generous in giving themselves every opportunity to double their money and shareholders no chance in hell of recouping anything material.

    Can we as shareholders vote to transfer all our shares and give the company to CNNC for free ? If so where do i sign.
 
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No. Vol. Price($)
15 9149 $7.96
 

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