PDY 0.00% 0.7¢ padbury mining limited

Very interesting. Apart from their survival, i was of the...

  1. 1,545 Posts.
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    Very interesting. Apart from their survival, i was of the opinion they would hold off any cap raising until after the ASIC restrictions -

    "The practical effect of the determination is that the Company will be required to issue a
    full prospectus for any capital raisings rather than being able to use a short form
    prospectus under S713 until 1 May 2015."


    It will be interesting to see in what form the cap raising takes, and whether it is underwritten (& by whom....). A full prospectus will certainly cost more. A lot of effort for.....???

    Maybe they have something brewing overseas after all......

    Time will tell. Interested, only mildly.....

    Cheers,
    Mac


    Please dyor.
 
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