PDL pendal group limited
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Ann: Opening of Share Purchase Plan, page-3

  1. lj73
    128 Posts.
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    19/05/21
    09:55
    Post #: 53268415
    IMO, yes will be over-subscribed.
    Why? Insto placement was oversubscribed; current share price well above $6.80 offer price (noting if it drops the offer price may drop to 5 day vwap)
    Longer term; don't know where the price will go.

    Cheers,
    lj73
    PDL Price at posting: $7.62 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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