Interesting. This company has a market cap of $18.4 million and as of 31 December 2019 net assets of $22.2 million (including $15.7 million in cash). So PPS has picked up an 11% stake for basically the proportional value of its NTA. Maybe a cheap way for PPS to bulk up FUM with a consolidation. PPS must be a least confident spending $$ when most companies a trying to conserve it in this market.
Ann: Becoming a substantial holder for PWL, page-2
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 (20min delay)
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Last
44.0¢ |
Change
-0.010(2.22%) |
Mkt cap ! $213.6M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.3¢ | 42.5¢ | $93.23K | 215.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 47 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.0¢ | 2500 | 1 |
View Market Depth
| Last trade - 10.52am 15/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
-0.010 ( 0.34 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 44.0¢ | 42.5¢ | 47350 | ||
| Last updated 11.11am 15/05/2024 ? | |||||
| PPS (ASX) Chart |