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borg81

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27/03/25

09:52

Post #: 78435158
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Originally posted by puppyeh: ↑

thanks for posting. Looks to me like $31mm or so cash coming to Kin Group via this transaction, probably settles in 4 months. In the context of the needed cheque to take out the minorities at PGH - $60-100mm - this is a pretty decent chunk of cash. Again, perhaps of no relevance but I would rather see the Geminder entities with more cash in hand than less and this in particular represents a solid exit for what had been a problematic, and capital-intensive, minority investment for Geminder.

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I think its more like $50 Million coming his way.

PGH Price at posting: $1.15 Sentiment: Buy Disclosure: Held
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Pact recent news, page-352

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