Mr market makes no sense. If we just look at PPT’s results announcement…..profits rose +21% and beat analyst’s estimates. Divi up +18% on LY and in total now the divi yield is 7.7% on the closing price ($2.09 / $24.45)….and that too fully franked! PPT is buying PDL for a song…..it will pay the debt it is taking to fund the cash component in 3 years and will extract c$50m of annual synergies post the acquisition…. This is a buy buy buy to me
Mr market makes no sense. If we just look at PPT’s results...
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Last
$21.25 |
Change
-0.050(0.23%) |
Mkt cap ! $2.412B | |||
| Open | High | Low | Value | Volume |
| $21.43 | $21.43 | $21.05 | $21.38M | 1.007M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1210 | $21.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.29 | 3504 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| PPT (ASX) Chart |