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PPS MD is same buy that started and sold ME Bank & Powerap. He may not be too intelligent (saying no to NWL offer) but definitely he know when to sell a company. Sale of Overseas Business mean PPS is on market for sale. Simple. No rocket science
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At some stage, people & other companies start seeing value in a stock.
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At current price PPS is bargain. Overseas business scattered over dozen of countries sold for $65 Million. How much is PPS is worth ? Definitely above $500 Million
Ann: PPS Investor Presentation - H1 FY2022 Results, page-50
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Last
42.0¢ |
Change
-0.010(2.33%) |
Mkt cap ! $204.8M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.0¢ | 42.0¢ | $153.0K | 360.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 63186 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 46061 | 11 |
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| Last trade - 14.25pm 19/08/2024 (20 minute delay) ? |
| PPS (ASX) Chart |