We shall all just watch see how it unfolds or how it will bury.

First 36 Last

Share
Profile

Follow
seuss

5,619 Posts.

56

21/07/18

15:05

Post #: 34495068
Share

Originally posted by Amused observer ↑

There is potential value in the company outside of the Statement of Financial position depending on what plans someone has going forward and it doesn't necessarily need to remain on the ASX. It's continued listing "as is" is highly questionable given the time that has lapsed since it was suspended and this compounds its challenges as it has become an uninvestable proposition there in causing a spiral of failure and its ultimate demise.

Having said that, the company "as it is" carries no value and generates no earnings as the half year accounts do (cough cough) clearly show.

I doubt the old farm targets in northern VIC and southern NSW have an appetite for more of the same, reminds me of the old Linear Capital (Aureum) debacle in southern Victoria where quite a few farmers were caught up in a "upon a prayer" promise to acquire their farms and it dragged on for over 2 years locking the farmers into untenable arrangements with very lopsided terms.

To attempt to resurrect PDF would be of little value to shareholders but like all things there are other options.

I would let @Purpose have a crack and see whatever he can comes up with but I might suggest to remove the debate and any further discussion from this public forum otherwise it will all end in tears. Just consider for now that this one is dead and you are right and do have experience and intimate knowledge from other attempts with other listed companies of the same ilk.

Expand

We shall all just watch see how it unfolds or how it will bury.

PDF Price at posting: 2.9¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

Reply

Top Stories

PYC

Scientific conference spotlights PYC's work on blindness disease treatment

GRL

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

BTH

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

DUI

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

LPE

Sales growth pushes Lovisa's fortunes (and shares) upwards

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

SIG

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

There are more pages in this discussion • 5 more messages in this thread...

First 36 Last

Add PDF (ASX) to my watchlist

We shall all just watch see how it unfolds or how it will bury.

Top Stories

Scientific conference spotlights PYC's work on blindness disease treatment

To make modern missiles, you need 3D Printing. And in that gold rush, Amaero is selling shovels

Bigtincan's Board backs Investcorp offer: Why a NASDAQ listing could be game-changing

Panic, paranoia, and gangland politics: HotCopper users react to Dubber's missing $26M

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Week 47 Wrap: HotCopper users' most watched; Brent lifts on Putin's scary letter; RFK dents CSL

Sales growth pushes Lovisa's fortunes (and shares) upwards

HotCopper Highlights: Your most watched stocks for Week 47, 2024

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

Dale Gillham's weekly wrap: Sigma-Chemist Warehouse merger creates pharma powerhouse

Featured News