PPT 0.63% $18.36 perpetual limited

Ann: FY24 Results Presentation, page-71

  1. 426 Posts.
    lightbulb Created with Sketch. 66
    I too am perplexed at the market's view of PPT over the past month.
    Seems there is no SP floor with a shortage of committed buyers.
    So "price discovery" keeps dragging the SP lower and lower each day.
    And the (previous) shorters keep settling their positions, very profitably.

    Only when committed buyers enter the fray will this "down about 1% daily" trend abate - and regardless of what we all say/analyse.

    I'd still like some buyback action from the BOD to show some leadership on "value".
 
watchlist Created with Sketch. Add PPT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.