Interesting that Perpetual is interested in PDL, but…… IMHO a long way under fair value. This is over my buy price, but not by anywhere near a reasonable margin! Consensus valuations are a fair way above their offer price, considering it’s a mixture of cash and script. Hopefully another bidder comes to the party.
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- Ann: Non-Binding Indicative Proposal from Perpetual Limited
Ann: Non-Binding Indicative Proposal from Perpetual Limited, page-3
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