yes, in terms of scrip-based t/o, you'd want PPS shareholders to end up owning closer to 20% of the combined entity (current bid is around 15%).
The Heine family who controls NWL may not want that much dilution of their voting interests, but they'd still be the dominant shareholders and it's a fairer reflection of the value that PPS would contribute to the whole.
Ann: NWL: Non-binding proposal to merge Praemium and Netwealth, page-11
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PPS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
49.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $239.1M | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 50.5¢ | 49.0¢ | $440.5K | 888.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 9979 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.5¢ | 133849 | 5 |
View Market Depth
| Last trade - 16.10pm 26/06/2024 (20 minute delay) ? |
| PPS (ASX) Chart |