PEM perilya limited
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another afr article...

  1. Quiktrade_1
    603 Posts.
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    22/02/08
    07:18
    Post #: 3382314
    The AFR says that PEM is likely to offer scrip for CBH. This sounds more like a takeover if you ask me. CBH shareholder are to be offered a premium and their largest SH is happy. They see $200m worth of savings when the two entities are merged.

    Due diligence is apparently finished on both sides.. That was quick!

    Cheers
    Quik.
    PEM Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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