PPT 1.13% $22.40 perpetual limited

Ann: Rejection of revised non-binding indicative proposal, page-30

  1. 1,961 Posts.
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    I believe they mentioned multiple interests. When u want take overs, you want a few. TGR for instance got pushed 3 times by Cooke, before it went.
    If ppt has options it could easily head to $40.
    I was dumbfounded when the $33 bid came through yet the market thought meh I’ll just sit on $30.
    My target price is $37.
    This IMO is all over for PPT shareholders unfortunately. I wanted to sit on this an absorb dividends for 10 years whilst we coasted to $60.
    Now I’ll need to find something new. CPU or CGF fits the bill
 
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