Let's not forget that TIC was taken over with a settlement of cash and 11,300,000 shares @ $5.3095 ($60M).
Pact have then not paid them a further $30M in performance bonuses.
Thus their original shares are now only valued at ~$9.5M.
They purchased an additional ~11,000,000 @ lets say ~0.84c = $9.25M
They need a buy out price of ~$3.15 to break even!
You could factor in the $30M performance into the above, but if i were them i would stick it out.They appear confident they will get the $30M. They know the company is solid. They know the upside is there.
I won't be selling out for <$3.00. This company will boom in the coming years!
The SP will start moving in the next few months!
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Last
76.0¢ |
Change
-0.010(1.30%) |
Mkt cap ! $261.6M | |||
| Open | High | Low | Value | Volume |
| 75.5¢ | 78.0¢ | 73.5¢ | $70.85K | 94.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 13671 | 73.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 7580 | 3 |
View Market Depth
| Last trade - 14.39pm 16/06/2025 (20 minute delay) ? |
| PGH (ASX) Chart |