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.
yes, in terms of scrip-based t/o, you'd want PPS shareholders to...
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Last
45.5¢ |
Change
0.020(4.60%) |
Mkt cap ! $212.5M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 46.0¢ | 43.0¢ | $232.3K | 520.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 15207 | 45.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.5¢ | 22780 | 4 |
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| Last trade - 15.09pm 18/06/2024 (20 minute delay) ? |
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Last
45.5¢ |
Change
0.020 ( 3.69 %) |
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| Open | High | Low | Volume | ||
| 43.5¢ | 45.8¢ | 43.5¢ | 122970 | ||
| Last updated 15.40pm 18/06/2024 ? | |||||
| PPS (ASX) Chart |