PPT 1.16% $18.74 perpetual limited

Ann: Rejection of conditional, non-binding indicative proposal, page-43

  1. 3,751 Posts.
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    That would be an insult....a $600m mkt cap buys something 3 times it's size and pulls apart the pieces....all the work done by the board only to be unravelled!

    take a long term view....diversity n size with pdl makes way better sense!! PDL is funding $~470m of the cash component itself!! And the remaining it will pay back in about a year...!!

    im out. Pdl arbitrage just too strong. I'll hopefully join you all when the marriage is consummated!
 
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