PZC 0.00% 0.2¢ pan asia corporation limited

Thanks, yes missed Chi-X. I am hoping the sale falls through to...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,334 Posts.
    lightbulb Created with Sketch. 348
    Thanks, yes missed Chi-X.

    I am hoping the sale falls through to be honest but they have/are in negotiations with another purchaser.

    I felt the price was a bit of a slap in the face to shareholders given the previous sale/transaction was at $30mil.

    While this may require a further period of due diligence and could take another 6 months at least it would move the SP in the short term.

    Unless they have something else lined up the finalisation of sale could mean suspension from ASX while they find something, and this could be for just as long or longer. As a shell it should still be very attractive to shareholders given the relatively low number of shares on issue.
 
watchlist Created with Sketch. Add PZC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.