The rug certainly got pulled relative to the peak.
The question is how low can it go?
32.5c, with an expected capital return of 18 cents and a special dividend of 7 cents. Crude calculation without franking rebates is circa 25 cents, so a valuation of 7.5cents for the hampers business.
maybe an arbitrage play coming up but be careful not to be left holding the bag.
Ann: Dividend/Distribution - PTL, page-9
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Last
23.5¢ |
Change
0.020(9.30%) |
Mkt cap ! $40.05M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 24.5¢ | 21.0¢ | $439.5K | 1.965M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 208849 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.0¢ | 100000 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| PTL (ASX) Chart |