Street Talk expects the debate to focus on value and Pendal will have to convince shareholders that they’re better off backing management to turn performance around, rather than relying on Perpetual to do it.
My guess that means the offer is no hope in hell. I am starting to think a better offer will come. A binding offer at that...still the economy will improve over the next few years So no reason for Pendal board to do anything.. Maybe they can throw in a all script offer for PPT when the SP is $9 again Cheers
PDL Price at posting:
$5.32 Sentiment: Buy Disclosure: Held
