PM Capital called me in response to my email and I let them know what I thought. The don't seem to understand that there was any option other than to pay PAF shareholders out at the full NTA. They could have offered a lower premium to the PAF share price and made it a win/win for both LICS. I think its great for PAF shareholders, great for the fund manager (who would have otherwise had to wind up PAF) and (at best) neutral for PGF shareholders.
PM Capital called me in response to my email and I let them know...
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Last
$2.28 |
Change
-0.010(0.44%) |
Mkt cap ! $934.0M | |||
| Open | High | Low | Value | Volume |
| $2.31 | $2.31 | $2.27 | $565.2K | 246.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50066 | $2.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.29 | 4000 | 1 |
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| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| PGF (ASX) Chart |