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

PPK

Click for more information

0.00%

46.0¢ ppk group limited

Ann: Market update presentation, page-119

First 119 Last

Share
Profile

Follow
paulo17

5,322 Posts.

398

11/05/22

22:35

Post #: 61353266
Share

Originally posted by Maxxw: ↑

this is part of my research.

i noted previously the mining company previously had a significantly large value, now it’s only valued in at 16 million with significant liabilities of leases and current/future. They are purchasing a distressed asset with debt.

I note that the previous FY reports and the expectations outlined do not seem to have been met for the mining sector.

My research points to the director resigning from PPK to run mining will quickly offer to purchase all the shares.

I am trying to piece together if there was something at play here…..
was the initial price that PPK tried to sell the mining business for, too High and this turned away buyers.
Would they have considered it at the market value PPK has listed in the demerger notice. where did this value come from ?
how come it has not performed as promised and the director in charge has been allowed to become the director in the new company.

so many questions about this, purely from the speculative point of view

Expand

- speculate your heart out here and join the crowd of in denial pumpers LOL

p17

PPK Price at posting: $3.40 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

RBA holds rates as ALP election campaigning kicks off – expect more political focus

MKT

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

BNZ

BENZ Mining jumps +17% as it snatches up WA gold projects from Spartan Res

FCG

Freedom Care Group reveals NDIS wants to ban it providing program services

There are more pages in this discussion • 43 more messages in this thread...

First 119 Last

Add PPK (ASX) to my watchlist

(20min delay)
Last 46.0¢		Change 0.000(0.00%)		Mkt cap ! $41.77M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	4	46.5¢

Sellers (Offers)

Price($)	Vol.	No.
54.5¢	5170	1

View Market Depth

No.	Vol.	Price($)
1	4	0.465
1	4526	0.460
1	8800	0.435
1	30000	0.430
1	17068	0.425

Price($)	Vol.	No.
0.545	5170	1
0.550	18288	1
0.570	10000	1
0.590	10000	1
0.600	11627	2

Last trade - 10.55am 06/11/2024 (20 minute delay)

PPK (ASX) Chart

Day chart unavailable