I would suggest that PRU will need to pay more than 30c to get control.
Hope my guess is on the low side.
Anyone selling for less is a complete mug.
Given upside potential, PRU could probably justify 40-50c but they don’t need to move just yet.
However, if PRU delays and the gold price explodes higher, they could miss the bargain of a lifetime.
I would be happy with a generous scrip bid!
DDD
Ann: PRU: Perseus increases investment in Predictive to 19.9%, page-70
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Last
24.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $564.2M | |||
| Open | High | Low | Value | Volume |
| 23.0¢ | 24.0¢ | 23.0¢ | $677.6K | 2.850M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 474673 | 23.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 24.5¢ | 409019 | 7 |
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| Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
| PDI (ASX) Chart |