PPT 1.06% $19.65 perpetual limited

Mr market makes no sense. If we just look at PPT’s results...

  1. 4,986 Posts.
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    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
 
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$19.65
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-0.210(1.06%)
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$19.85 $19.96 $19.49 $15.89M 809.4K

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No. Vol. Price($)
1 11508 $19.65
 

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Price($) Vol. No.
$19.67 2381 2
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Last trade - 16.10pm 30/08/2024 (20 minute delay) ?
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