If Carlyle want to pull out or make a low-ball offer contrary to original deal surely then the board can consider if alternative funding is available. If there is alternative funding available, under this scenario I think the board has a duty to disclose it to shareholders. In my opinion any alternative funding that allows PNC to remain on ASX is superior to a take private low-ball offer which I don't think is in shareholders interest. Main reason being this would allow long suffering loyal shareholders potential of some up-side post covid-19 on what seems to be a solid business generating good cashflow. I just hope board are independent & strong enough to take this action as KJ seems more aligned to Carlyle on this arrangement. I hope the board don't recommend a low-ball offer is in shareholder interests without a fair-dinkum check of alternative funding options (if any).
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Last
48.5¢ |
Change
0.005(1.04%) |
Mkt cap ! $68.08M |
Open | High | Low | Value | Volume |
48.0¢ | 48.5¢ | 44.5¢ | $797 | 1.71K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2399 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2399 | 0.485 |
1 | 10000 | 0.450 |
1 | 11363 | 0.440 |
2 | 15056 | 0.420 |
1 | 17073 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.490 | 20000 | 1 |
0.500 | 5267 | 1 |
0.510 | 40000 | 1 |
0.520 | 2652 | 1 |
0.550 | 23174 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
PNC (ASX) Chart |
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