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2.41%

40.5¢ ppk group limited

Ann: Change in substantial holding, page-55

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brrrattt

1,185 Posts.

218

02/06/23

10:50

Post #: 68095828
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Originally posted by Tanookichan: ↑

So here is some data that i find interesting.

PPK SOI is 89.3 million. Of this 60.1% are owned by the top 20. That leaves around 35.6 Million shares owned outside of the top 20.

Myself plus 87 other people own over 100k shares. so lets say on avg around the 200k shares (as the top 20 finishes at 515k) That means another 17 million shares. Add the top 20 = of the 89,3 Million most bar 18 million shares are locked away. (for arguments sake large holders are not trading)

That would mean this FY 48 million shares have been traded, so retail are basically selling to each other all the way down. 18 million are free floating and 48 million traded? Seems pretty clear that on any good news, the impatient are the ones that will be transferring their wealth to the patient.

At a minimum PPK have to be worth 350-400 million MC. That is not considering the IP in all of the companies. Just assets cash and then you need to think of the Goodwill/IP, what is that worth? It is a very frustration stock to hold, as it's like looking a gift horse in the mouth alone on a deserted island....

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Can you believe at one stage the entire company was valued at a 20% discount to their listed quoted holding in LIS.

PPK Price at posting: $1.46 Sentiment: Buy Disclosure: Held
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0 Great analysis

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(20min delay)
Last 40.5¢		Change -0.010(2.41%)		Mkt cap ! $36.77M

Open	High	Low	Value	Volume
42.0¢	42.0¢	40.5¢	$31.71K	76.92K

Buyers (Bids)

No.	Vol.	Price($)
1	3861	40.5¢

Sellers (Offers)

Price($)	Vol.	No.
44.0¢	16402	1

View Market Depth

No.	Vol.	Price($)
1	3861	0.405
1	4000	0.400
2	20000	0.390
1	30000	0.385
8	127923	0.380

Price($)	Vol.	No.
0.440	16402	1
0.445	7540	1
0.450	25000	1
0.460	22325	2
0.480	50000	1

Last trade - 15.19pm 08/10/2024 (20 minute delay)

PPK (ASX) Chart