Quite a significant announcement in my opinion. The now significant shareholder is a Chinese pharmaceutical company, "China Pharma Holdings Ltd" a world wide medicine company with an impressive growth record since being founded in 1996. They appear to have no previous holding in Paragon, so have made a strategic acquisition as a major shareholder.
The big question is whether they will continue to be a "significant" major shareholder, or have future plans to make a take-over bid for Paragon as a whole. They appear to be large enough to make an outright take-over offer down the track. Either way, I think this is good news for we, the current shareholders. This announcement will make other investors sit up and takes notice of Paragon
- Forums
- ASX - By Stock
- PGC
- Ann: Becoming a substantial holder
Ann: Becoming a substantial holder, page-3
-
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add PGC (ASX) to my watchlist
|
|||||
Last
42.0¢ |
Change
0.005(1.20%) |
Mkt cap ! $695.2M |
Open | High | Low | Value | Volume |
41.5¢ | 42.0¢ | 41.0¢ | $513.7K | 1.232M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 125685 | 41.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.0¢ | 230201 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 125685 | 0.415 |
1 | 17830 | 0.410 |
2 | 12469 | 0.405 |
3 | 183563 | 0.400 |
1 | 84500 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.420 | 179485 | 5 |
0.425 | 172272 | 4 |
0.430 | 6976 | 1 |
0.435 | 6896 | 1 |
0.440 | 176320 | 4 |
Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
Featured News
PGC (ASX) Chart |
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online