Many investors and fund mangers avoid stocks where there is litigation. This is on the basis that the uncertainty could be costly (loss) or a 'wind fall' a significant gain. When a share like PPK is beaten down, the probabilities start to suggest there is upside, if the company is a winner in the litigation. Some think the worst but maybe the outcome is not quite as bad.
As posts on these threads show many / most holders do not understand the rules of the litigation game. Even less are able to form a view as to the probabilities of the outcomes and the effect of the company.
So 'Friendly' may not be a shorter (as he says). In this case maybe he is looking for upside. But this is my conjecture.
Ann: Decision of the High Court, page-40
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PPK (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
39.0¢ |
Change
-0.005(1.27%) |
Mkt cap ! $35.08M | |||
| Open | High | Low | Value | Volume |
| 39.8¢ | 40.0¢ | 39.0¢ | $1.753K | 4.438K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 10107 | 39.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 5000 | 1 |
View Market Depth
| Last trade - 15.46pm 11/09/2024 (20 minute delay) ? |
| PPK (ASX) Chart |