PBD 0.00% 0.0¢ pbd developments limited

the countdown has begun !!

  1. 139 Posts.
    What is going on? The company has to either convince St. George Bank (now Westpac) to roll over their loans or, do an equity raising or, sell some (many) assets.

    So far, we have heard nothing about the loan roll over.

    We have only heard a newspaper report (SMH) that a rights issue 3 for 1 was 'mooted', but nothing since!

    There have been mutterings that they might sell, Gidgegannup, Esperance and/or Point Grey!

    However, at the end of the day, that's all we/you have got!


    We are now entering the 'silly season' where nothing happens and these loans need to be 'rolled over' before 31st December 2009.

    As a shareholder I should be ringing, writing, emailing, kicking in a few doors and demanding some answers other than 'it is commercialy sensetive'. However, I am not a shareholder so I don't really care, just feel really, really sorry for shareholders who are being kept in the dark - MUSHROOMS.

watchlist Created with Sketch. Add PBD (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.