“The Wolmans sold Geminder 850,000 Pact shares from their self-managed Spider Superannuation Fund Pty Ltd at the offer price of 68c in an off-market trade that cost Geminder less than $600,000. Bear in mind, Pact floated at $3.80 a share in 2013. Ouch.”
So could this have been the first of the behind the scene deals???
So we are to believe Germinder paid the Wolmans 0.68 cents per share as reported? He could have offered a side kicker that the public would never find out about.
Im very confident he will not buy the rest of the company for $117m!
So Germinder’s argument about running the company more successfully privately opposed to publicly listed is a real kick in the guts comment to shareholders and of coarse he will say what ever it takes now to devalue the company for his own gains.
Makes me wonder as a shareholder how long he has been architecting the demise of the share price to the point of making the sub par offer, remember his form shows he is the LOWBALL OFFER KING!
My advise to the board is tell your boss to stick the offer up his ahhssss
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Last
84.5¢ |
Change
0.020(2.42%) |
Mkt cap ! $282.3M |
Open | High | Low | Value | Volume |
82.0¢ | 84.5¢ | 78.5¢ | $42.96K | 54.14K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2380 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
84.5¢ | 8271 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1879 | 0.820 |
1 | 3741 | 0.815 |
1 | 1500 | 0.790 |
2 | 6666 | 0.785 |
1 | 7187 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.845 | 9191 | 3 |
0.850 | 49821 | 7 |
0.860 | 14205 | 2 |
0.870 | 36497 | 3 |
0.880 | 1604 | 1 |
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