There is no issue paying out a divvy. PRG can borrow from PERSOL (I dont know where the idea came from that a buyer cant fund divvies. Guess it all depends on how they frame it).
PRG also had $58.7M in cash and $135M in unused credit as at their last AR. Enough to fund a circa $0.76/share in divvies. That drawdown would be paid straight back by PERSOL as per the scheme of arrangement.
Ann: PRG Board recommends acquisition proposal from PERSOL, page-50
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Last
$1.07 |
Change
0.000(0.00%) |
Mkt cap ! $123.0M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4240 | 95.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 11 | 1 |
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| Last trade - 16.12pm 26/07/2024 (20 minute delay) ? |
| PRG (ASX) Chart |
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