PPK 16.7% 55.0¢ ppk group limited

PPK owns 45% of LIS

  1. 606 Posts.
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    So LIS is only worth $329m, is this why there's a massive sell off because of the underperformance expected in the IPO. They were quoting it would end up being $500m+ in value but now it's only $329m. Looks like PPK failed to deliver real value?


    LIS market cap from IRESS and CommSec

    https://hotcopper.com.au/data/attachments/3660/3660438-5e15c4684655b1f0c022f771c5583791.jpg


    https://hotcopper.com.au/data/attachments/3660/3660419-59f004718e6c7fa32d8af223ed888edf.jpg
 
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