What are the rules regarding on-market acquisitions? Is this announcement by PRU the earliest time at which the market needed to be informed that Perseus was acquiring a strategic stake. A 27.27% (640M shares) stake is not acquired in a day. Based on the market volume and in the unlikely scenario that PRU was the buyer of each share, a subtantial shareholder notice (+5%) would have to have been lodged at or before the end of May 24.
Feel Perseus has short-changed a lot of ex shareholders who did not have all the facts. Luckily not me!!
Were any of the PDI board aware of what was going on?
Thought out there?
What are the rules regarding on-market acquisitions? Is this...
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Last
44.5¢ |
Change
0.020(4.71%) |
Mkt cap ! $1.166B | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 44.5¢ | 42.0¢ | $4.712M | 11.00M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19089 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 69556 | 2 |
View Market Depth
| Last trade - 16.10pm 15/07/2025 (20 minute delay) ? |
| PDI (ASX) Chart |