No. My understanding is you are incorrect. The parent (PPK) has a few mill in direct cash, the rest is in "equivalents". However I feel this company is not stretched and has the means available to facilitate an acquisition.
Ann: Trading Halt, page-7
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Last
54.0¢ |
Change
-0.025(4.42%) |
Mkt cap ! $48.57M | |||
| Open | High | Low | Value | Volume |
| 58.0¢ | 58.0¢ | 51.5¢ | $56.10K | 102.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2640 | 53.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 57.0¢ | 2452 | 1 |
View Market Depth
| Last trade - 15.49pm 15/07/2024 (20 minute delay) ? |
| PPK (ASX) Chart |