PPT 0.26% $19.15 perpetual limited

Ann: Rejection of revised non-binding indicative proposal, page-14

  1. 96 Posts.
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    Before the announcement of the Pendal acquisition, share price was around $30. After that, it fell to a low of $23. Now its up to around $31 after the Regal offer, no thanks to this board. The board doesn't seem to be doing a good job for a company they state is significantly undervalued. If the board doesn't explore this offer seriously or enhance the share price, I predict there will be some shareholder class action to come.
 
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