PPT 1.37% $22.15 perpetual limited

Ann: Response to Pendal announcement regarding conditional, non-b, page-20

  1. 3,694 Posts.
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    https://hotcopper.com.au/data/attachments/4526/4526429-03ae466d7cf82a64bb2d25976b1f6258.jpg

    money, or lack of it? plenty there mate.
    https://hotcopper.com.au/data/attachments/4526/4526433-e99265d79c3113cb21626a68bad50e75.jpg

    remember the defensive buy back pdl wants to do??

    if you are talking FUM, its never been larger....so??

    as i said on the pdl forum - PDL s/h's dont need this deal, SP can double in its own right over time. if PDL is flat on H1 for H2 then i'm expecting a 34c div...! Thats ~55c a year on a $4.50 stock (>12% yield).

    why is PPT being so tight? offer 7:1 (retain ownership) and $2 p/s cash (almost funded with the almost $1 p/s in cash n equivalents on the pdl bal sheet!!

    holding both is conflicting wink.png

 
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