Unless I'm missing something, this seems like a bad deal for PGF holders. Need to scrutinise the deal more, but seems like holders of PGF are subsidising PAF holders. We're issuing new PGF units at NTA, despite the stock currently trading at a premium, and exchanging them for units in PAF, which trades at a discount.
I'll be voting against this, and may even end my long-term shareholding as a result.
Unless I'm missing something, this seems like a bad deal for PGF...
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Last
$2.19 |
Change
-0.010(0.45%) |
Mkt cap ! $1.052B | |||
| Open | High | Low | Value | Volume |
| $2.20 | $2.20 | $2.19 | $107.1K | 48.70K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 62165 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.21 | 23222 | 3 |
View Market Depth
| Last trade - 10.06am 09/09/2024 (20 minute delay) ? |
| PGF (ASX) Chart |