percentages

Someone made the comment earlier on today that surely PPP main shareholders had enough of the comapny to ward off any unwelcome takeover bid without the help of NZOG.

So I have done a little checking again on the shareholdins of the the two major holders and come up with this.

At this stage we have :
1. Allan Tattersfield with a total of 75,562,644 shares which should translate into about 12.8% of the company
(His last disclosed purchases were back in October)

2. Neil Tomkinson with a new total of 48,589,757 shares which represents about 8.25% of the company.
(His most recent purchase disclosed today)

So those two together would appear to have about 21% of the company.
Tony Radford's stake appears to be about 5 million shares = 0.7% of the company

So they are not up to over 25% which they might need if they were to avoid a takeover by themselves alone.

Now NZOG declared overnight that it had acquired 33,950,000 shares or 5.77% of PPP.

Again today there has been quite a bit of action with 23,967,802 share going through on the ASX and 6,864,237 on the NZX. A total of over 30 million.
Now not all of those will have gone to NZOG necessarily. But we can assume that a fairly hefty percentage of them have.
Certainly earlier today NZOG released another announcement to indicate that it had acquired more shares and then had a tally of 41,690,000 share or 7.083 % of PPP. That was an increase of 7.74 million shares.
Presumably we could assume that of the total traded today NZOG could have taken a further 15 million at least. So NZOG probably has over 10% of PPP by tonight