"not sure if I am jumping at shadows... but there were a few 'ifs' and 'may' positioning statements in the media release... I've sold out, but happy to buy back in if things don't pan out as announced..."
@stocking,
Those "ïfs" and "mays" are pretty standard caveats in such Scheme documentation.
But I think that its a 97.5% done deal.
Have a look at the acquirer : PTG's product and service offerings sit squarely in MRI's wheelhouse (https://www.mrisoftware.com/au/solutions/).
And MRI is global, so it will be able to deploy the PTG IP over its existing global market reach and infrastructure (something PTG was unable to do, which explains why PTG would be worth a lot more in MRI's hands than otherwise).
The fact that there are no financing or due diligence conditions is strongly suggestive that the acquirer is dead keen.
.
[I also commenced selling on the day of the bid announcement but I still have around a third of my holdings.]
- Forums
- ASX - By Stock
- Ann: PTG enters into Scheme Implementation Deed with MRI
"not sure if I am jumping at shadows... but there were a few...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)