Australia's largest stock trading and investment forum Australia's #1 stock forum

PPH

Click for more information

0.00%

$1.32 pushpay holdings limited

Ann: Pushpay Holdings Limited (PPH) Share Split, page-13

First 13 Last

Share
Profile

Follow
Wombatpoo01

60 Posts.

2

15/12/20

23:42

Post #: 49604867
Share

Originally posted by Huskie: ↑

I was in Apple several years ago when they did a share split (think it was 5 for every share owned). At the time I didn't understand why and thought it was unnecessary/damaging like most commenting here. What transpired in the proceeding years was the company used profits to buy back shares which as share were bought & retired from the market it drove the SP up. This gave LT investors a much higher rate of return than any dividend could/would have and the SP is now 6 fold what it was after the split.
PPH's prospects for 2021 are great as were Apples back then so suspect they may use the same strategy to reward their LT supporters/shareholders. Time will tell.

Expand

The recent share sale over at Afterpay just goes to show not all dumps have negative impacts on the share price. $110 today if I’m right in saying ( Offered institutionally at $66.00 on the book) !!

PPH Price at posting: $1.78 Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

Week 42 Wrap: HotCopper's top picks; new ASX 200 record; world yawns at war

SWP

Swoop lobs $18M offer at microcap telecom Vonex – in which it holds 19.9%

M4M

Macro, Norden set up transport solutions initiative for West Pilbara

SNX

Sierra Nevada raises $2M for silver exploration at Blackhawk

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

NVU

Nanoveu surges 10% after benchmark testing for new AI chip begins

MTH

Mithril's drilling in Mexico picks up silver at 997g/t, gold at 28g/t

TLG

Talga Group wins key permit for flagship graphite mine in Sweden

What's causing the cost-of-living crisis, and how to navigate it

IRX

InhaleRX snags $38.5M in funding from VC biotech funder Clendon

There are more pages in this discussion • 3 more messages in this thread...

First 13 Last

Add PPH (ASX) to my watchlist