It is a normal procedure to appoint a takeover defender though. The press release on 2 Nov 2021 already said they have received financial and legal advice in regard to NWL's bid.
I think Wamsteker is trying to replicate the bid war that Mainstream had. However, things didn't play out like what he planned with costs being the main issue. PPS turned from net profit to net loss, basically gave way to a 3rd party to do a low ball offer. They shot themselves in the foot.
It is a normal procedure to appoint a takeover defender though....
-
- There are more pages in this discussion • 88 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
42.5¢ |
Change
-0.005(1.16%) |
Mkt cap ! $204.8M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.0¢ | 42.0¢ | $84.28K | 198.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 20256 | 42.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 76166 | 8 |
View Market Depth
| Last trade - 12.36pm 19/08/2024 (20 minute delay) ? |
| PPS (ASX) Chart |