I increased my PPT holding by 38.6% before the $1 ff div. So that has gone ok. But even after a quick read I can't quite understand what is happening now and how this is going to play out.
Regal long short up down left right fund and others? are looking at taking over PPT.
Regal wants the PDL deal scuttled as part of the takeover terms? Not sure what that means for the people arbitraging PDL earlier?
PDL wants to do a twitter-Musk on PPT and force the deal through?
I bought PPT because it is boring, don't like all this kerfuffle at all.
One swallow of interest rates lower than the last doesn't make a summer bull market so I am not ready to dive in yet. I have too much cash and do n't want more via another takeover at the moment. Much higher interest rates through to 2025 and crashing markets would suit me just fine - maybe if the long short up down Regal guys and their ilk can manage to leverage at Lehman Bros levels this can be achieved.
And also what discursive said.
I increased my PPT holding by 38.6% before the $1 ff div. So...
Add PPT (ASX) to my watchlist
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Last
$21.80 |
Change
-0.150(0.68%) |
Mkt cap ! $2.474B | |||
| Open | High | Low | Value | Volume |
| $21.73 | $21.83 | $21.56 | $5.943M | 273.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $21.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.80 | 2083 | 3 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
$21.80 |
Change
-0.150 ( 0.39 %) |
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| Open | High | Low | Volume | ||
| $21.67 | $21.83 | $21.57 | 100401 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| PPT (ASX) Chart |