Whichever way you value PDN assets, the current DOCA is unfair. If the assets are given a high valuation it's unfair to shareholders. If the the valuation is low, it's unfair to secured creditors as they are receiving less than full value for their debt. So legal objections to it have a good chance of success. If the court approves it then the whole concept of secured creditors will be undermined.
Whichever way you value PDN assets, the current DOCA is unfair....
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Last
$8.20 |
Change
0.460(5.94%) |
Mkt cap ! $2.955B | |||
| Open | High | Low | Value | Volume |
| $8.04 | $8.32 | $7.90 | $30.65M | 3.704M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $8.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.22 | 2649 | 1 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| PDN (ASX) Chart |
