PWR 3.01% $1.89 peter warren automotive holdings limited

Ann: Trading Update, page-8

  1. 7,480 Posts.
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    Had an order at $1.73 could only get $50 worth lol.

    I've bitten the bullet and bought 25,000 shares at $1.77.

    Have also topped up my MTO holding at $1.24.

    Bapcor offer today and APE trading update shows considerable M&A interest in this space. I think PWR and MTO are both sitting ducks considering they are sitting on under 6 times normalised earnings. Very accretive to APE or a PE company.
 
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