They're just buying one part of the business, it's not like they're buying all of PPT.
I expect it's totally up to PPT what they pay now as a dividend but obviously the more they pay out now the more debt they'll have so they will have less from the $2.1B later after they pay down debt, tax and separation costs.
Which means if they pay a big dividend now then the headline payout post sale won't look as good.
It's not a magic pudding. Personally I suspect they might go on the smaller side in the short term to make the post sale payout look bigger.
They're just buying one part of the business, it's not...
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PPT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$19.21 |
Change
-0.140(0.72%) |
Mkt cap ! $2.195B | |||
| Open | High | Low | Value | Volume |
| $19.29 | $19.40 | $19.17 | $7.359M | 382.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2378 | $19.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.25 | 1545 | 1 |
View Market Depth
| Last trade - 16.10pm 05/09/2024 (20 minute delay) ? |
| PPT (ASX) Chart |