Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 V.PGM

Primary Symbol: PGMFF

Financial Services

Barclays PLC is a diversified bank with five divisions comprising Barclays UK, Barclays UK Corporate Bank, Barclays Private Bank and Wealth Management, Barclays Investment Bank and Barclays US Consumer Bank. The Barclays UK division represents businesses that sit within the United Kingdom ring-fenced bank, Barclays Bank UK PLC and its subsidiaries, and comprises Personal Banking, Business Banking and Barclaycard Consumer UK. The Barclays UK Corporate Bank division offers lending, trade and working capital, liquidity, payments, and FX solutions for corporate clients. Barclays Private Bank and Wealth Management division comprises the Private Bank, Wealth Management, and Investments businesses. Barclays Investment Bank division incorporates the Global Markets, Investment Banking, and International Corporate Banking businesses. Barclays US Consumer Bank division represents the United States credit card business, focused in the partnership market, as well as an online deposit franchise.

OTCPK:PGMFF - Post by User

Barclays Bk PLC iPath Dow JonesUBS Platinum Subindex Total Return ETN Exp 24th Jun 2038 > Sprott Confirmation on asset sales etc.

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Comment by Sherry35on Jan 08, 2023 5:19pm

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Post# 35209985

RE:RE:RE:RE:RE:RE:RE:Sprott Confirmation on asset sales etc.

Replace "initial outlay" with "BID on PGM assets".

I can't see AngloGold going higher than 10 cents on the dollar. They can use their CNIL on the common shares to offset gains in other investments. This would lower the PGM asset BID on the books so to speak. This would leave some money left over after making the creditors whole.

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