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
Ann: Rejection of revised non-binding indicative proposal, page-30
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Last
$21.65 |
Change
0.080(0.37%) |
Mkt cap ! $2.457B | |||
| Open | High | Low | Value | Volume |
| $21.69 | $21.72 | $21.40 | $9.542M | 441.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 16 | $21.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.65 | 7014 | 3 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
$21.60 |
Change
0.080 ( 0.37 %) |
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| Open | High | Low | Volume | ||
| $21.68 | $21.68 | $21.41 | 29153 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| PPT (ASX) Chart |