Thank you for your measured view AO. Others posting here at the...

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22/07/18

07:40

Post #: 34500852
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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.

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Thank you for your measured view AO.

Others posting here at the moment should consider following your lead.

PDF Price at posting: 2.9¢ Sentiment: None Disclosure: Held
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Add PDF (ASX) to my watchlist

Thank you for your measured view AO. Others posting here at the...

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