Apparently still finalising however my 'third hand' mail is that both ASX and ASIC are all over this and this may well be contributing to the delays. Regardless, time will tell.
Note to some that the company has advised the reason for the suspension is to finalised a 'Capital Raising' and not a 'Funding Announcement'. A cryptic attempt at a play on words however given the events of last year and the fragile state of many current holders, one should be crystal clear with this company on HC.
It would seem that only a few brave souls have been prepared to post recently on HC re PDY - a large percentage of the recent posters are on my Ignore list - so hopefully this Cap Raising comes off, some progress is made, holders return to posting and the albeit short term future of the company, improves.
Good luck to all holders. Hopefully 2015 will be kinder......
Cheers,
Mac
Please dyor.
PDY Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held