PGH pact group holdings ltd

0.00%

77.0¢

I'm wonder if watching this over the next 6 months is a good...

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21/06/24

16:12

Post #: 74429474
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Originally posted by bottomfeeder1: ↑

You are correct that he cannot use the creep provision, however and I could be wrong the 3% is the hurdle. There is nothing stopping Ruffy from buying the 2% he is short from the 90%.

I suspect that Ruffy will just sit back and let the SP lower only to support his notion that when the bid expires the SP will drop. He can now say he told the shareholders so!

I hope the TIC guy's can leave their funds tied up in PACT?

As for the business turning around and profit going up, yes this should drive a normal share price, however smart investors normally do not buy into a stock that is controlled by one shareholder. Just remember mum and dad's will not buy into PACT and I am sure insto's will steer clear of it with the current Shareholder concentration.

Profits can improve and the funds can be used to pay down debt, therefore no dividend???

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I'm wonder if watching this over the next 6 months is a good idea and if it's still under $1, buy some shares and put them up for sale up near $2.

If he were to do that and push the price up near $2, wouldn't he need to buy the remaining 10% up at the last trading price?

I think it would be a good idea to put large sell orders up near $2 in 6 months time and let him buy them.

Well that's my idea anyway. I'll be watching

PGH Price at posting: 77.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 77.0¢		Change 0.000(0.00%)		Mkt cap ! $265.1M

Open	High	Low	Value	Volume
77.0¢	78.0¢	76.0¢	$67.39K	87.59K

Buyers (Bids)

No.	Vol.	Price($)
2	12846	75.5¢

Sellers (Offers)

Price($)	Vol.	No.
78.0¢	6651	3

View Market Depth

No.	Vol.	Price($)
2	12846	0.755
1	1379	0.750
1	7000	0.740
1	9300	0.710
1	1428	0.700

Price($)	Vol.	No.
0.780	5651	2
0.785	2500	1
0.790	955	1
0.800	15100	2
0.820	2965	1

Last trade - 16.10pm 13/06/2025 (20 minute delay)

PGH (ASX) Chart

I'm wonder if watching this over the next 6 months is a good...

Gold, Brent Crude spike as Israel strikes Iran in worst-case scenario

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

HotCopper Highlights, Week 24: Israel boosts Energy; Meeka eyes production & Mag7 back

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Iberian expansion: Megado turns to Europe with Spanish copper mines

Zip's stunning comeback: Is this the start of a $14 revival?

Clinuvel shares dip, even as CEO comes back from temp leave

Week 24 Wrap: WW3 looms (again); US econ data tepid & silver surfing

Resolution's dual-listing to 'expedite growth' – and sets stage for NASDAQ foray

'Sure to be busy': Advance's Yuquivo drilling gets off to top start with first-hole hits

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I'm wonder if watching this over the next 6 months is a good...

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ASX Ltd notches upward on sale of company meant to fix CHESS 3 years ago

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