Ords M are probably right about the $1.35 valuation but imagine what it would be worth to an existing player in the platform business in terms of synergy, creating a clear challenger market leading position. The takeover in Mainstream can show you how much these businesses can be worth on strategic grounds.
On this basis I think $1.35 is still very conservative and in the right situation could be worth well north of that in the hands of the right player.
PPS looking like it wants to go on another run, page-5
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Last
58.0¢ |
Change
0.015(2.65%) |
Mkt cap ! $278.6M | |||
| Open | High | Low | Value | Volume |
| 56.0¢ | 58.0¢ | 56.0¢ | $214.8K | 378.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19303 | 57.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 58.0¢ | 95457 | 5 |
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| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| PPS (ASX) Chart |