PPT 1.37% $22.15 perpetual limited

Ann: Response to Pendal announcement regarding conditional, non-b, page-21

  1. 5,227 Posts.
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    My last sentence was worded poorly. What I was trying to say, was that with the sp falling much more than PPT, then any offer would mean more money for all.
    BTW, they had outflows of more than $4B in the last qtr. In total FUM shrunk from 124 to 111, that is more than 10%, so I am a little bit surprised that you are saying that FUM has never been larger. PDL ASX announcements would seem to contradict your statement.
 
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