Ann: Notice of Annual General Meeting/Proxy Form, page-10

True enough but the problem for PDF is that they will need the shareholders on board to have any hope of re-listing. That’s where the Board’s approach is one of imperilled failure rather than enlightened reasoning. In contrast, AHF has managed to stay listed, whilst raising funds for others, whilst then squandering their opportunities. This, in effect, has made them a chastened blight on the broking community. But even having that sort of black letter day is streaks ahead of what PDF’s board has managed to achieve (or not achieve) in 2+ years of suspension.

Equally, AHF still has +ve net assets, some revenue coming through the door (even if loss making) and a bank on board (even if the loan matured in <8 months). PDF has none of this. But, that’s where the differences end. Holding on for all that it’s worth without then providing the trade route to success is it’s ownnrevipe for disaster. AHF is experiencing this. PDF however is already there although the BOD just doesn’t realise it yet.