Today my wife received a letter from PPKME. (because her holding of PPK falls into the following I guess.)
It seems they automatically are going to buy back share parcels of less than $500 based on 13 cents per share.
If you wish to retain your shares you have to send back a 'Share retention form' to be received by them before 5.00pm 22nd January 2024.
I must say I haven't paid any attention to what's been going on with PPKME.
Does anyone have any thoughts or insight?
PPKME - Selective Share Buyback
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Last
47.5¢ |
Change
-0.060(11.2%) |
Mkt cap ! $43.13M | |||
| Open | High | Low | Value | Volume |
| 54.5¢ | 55.0¢ | 46.5¢ | $59.86K | 119.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5000 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 91978 | 1 |
View Market Depth
| Last trade - 16.10pm 04/11/2024 (20 minute delay) ? |
| PPK (ASX) Chart |