PMM portman limited

takeover update

  1. parkave
    35 Posts.
    clock Created with Sketch.
    12/10/08
    19:14
    Post #: 4379404
    I am expecting announcements soon on acceptances. I read the bidders statement and it appears now that the only outstanding condition is 90% acceptance and specific company solvency, and no new share issues etc conditions. I can't imagine any insto playing cute and hanging out for a higher bid in this shaky market. I would think that the acceptances should be delivered asap so that Cliff's get over 90% asap and then pay everyone. Some insto's are still buying for the arb. ( about 2.3% for a month). Problem is that one can't buy enough stock!!
    Does anyone have any thoughts?
    PMM Price at posting: $21.00 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

3DA Amaero’s big move: Exclusive deal, big targets, and a lot on the line
right-arrow Created with Sketch.
NEWS CLEO receives positive FDA feedback supporting ovarian cancer test pathway
right-arrow Created with Sketch.
NEWS Where the Australian property market resurgence is heading and why it matters now
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 025 – Locksley rap video gives Hilltop Hoods run for money
right-arrow Created with Sketch.
FBM Assays confirm strong gold anomalism at Canyon within Miriam Project
right-arrow Created with Sketch.
RMX Red Mountain Secures Utah Antimony Project in United States
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.