PPS 2.00% 51.0¢ praemium limited

Ann: NWL: Non-binding proposal to merge Praemium and Netwealth, page-12

  1. 1,055 Posts.
    lightbulb Created with Sketch. 80
    You make a great point Jaaa.

    NWL is obviously using the recent strength in its share price in its attempt to acquire PPS.

    That is why I would want a higher offer to take into account the potential weakness in the NWL share price. Otherwise they have to offer cash if they insist on offering $1.50 and even then the PPS board may find that inadequate.
 
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