PEM
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0.00% 35.0¢ perilya limited

great deal for pem. will this rocket now, page-2

  1. oliphant
    43 Posts.
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    09/12/08
    09:42
    Post #: 4585096
    Not that they have the capacity to do so, but why would you want a higher offer of shares from CBH. All you do is inherit our massive net debt - about $160M of debt with cash of only $40M - $60M. At least with the deal announced you get net cash of $45M and no debt or dodgy assets. Wish I bought PEM instead of CBH
    PEM Price at posting: 14.4¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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