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PPK

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ASX 200!!!, page-38

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Wes1978

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14/09/21

19:42

Post #: 56062353
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Originally posted by Magpie111: ↑

PPK moving closer to $2B Mkt Cap & the ASX200.

PPK is only at the beginning of its journey.

@L3NNONAD3 If you would like to be involved in the White Graphene IPO & gain access to multiple diversified streams of income, than jump on.

https://www.********.au/2021/09/14/ppk-asxppk-share-price-storms-9-higher-to-an-all-time-high/

PPK (ASXPK) share price storms 9% higher to an all-time high

The company’s shares ended the day on a positive note.

Aaron Teboneras❯
PublishedSeptember 14, 4:33pm AEST

PPK
Image source: Getty Images
The PPK Group Limited(ASX: PPK)share price rose to a record high during late afternoon trade. This comes as the company announced an update in relation to the proposed listing of Li-S Energy Limited (LiS).
At the closing bell, PPK shares finished the day up 9.45% to $21.89. This was just shy of its all-time high of $21.92 reached earlier on.
What did PPK announce?
Investors are fighting to get a hold of PPK shares following the company’s latest approval.
According to the release, PPK advised its 48.5% owned subsidiary LiS has received conditional listing approval from ASX. One of the remaining conditions is receipt by LiS of the remaining escrow deeds for particular classes of existing securities.
A common step in connection with a new listing on the ASX, which requires the securities to be placed into escrow for either 12 or 24 months.
LiS is seeking to launch a $34 millioninitial public offeringto commercialise a new generation of high-performance batteries. Approximately 40 million shares are expected to be issued at a price of 85 cents apiece.
The company uses Boron Nitride Nanotubes (BNNT) technology, which allows lithium-sulphur batteries to hold a significantly higher energy capacity than existing lithium-ion batteries.
Li-S holds key patents covering the function of BNNT to create large scale manufacturing of lithium-sulphur batteries.
Over the coming years, Li-S plans to finalise the design and scale up production of the new batteries. Such applications include charging an electric vehicle after 1,000 kilometres of driving, off-grid solar/battery street lighting and more.
Post the capital raising, PPK will increase its stake in LiS to a 50.12% direct and indirect holding.
PPK share price summary
It has been 12 months for PPK investors, watching their wealth grow over 430% in the period. Year-to-date has also been just as impressive, accelerating to gains by more than 275%.
Based on today’s price, PPK commands a market capitalisation of roughly $1.93 billion and has around 89 million shares outstanding.
IMO DYOR

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Hey @magpie great article mate!!! Yep Completely agree!! So many options you have with PPK pick one or the mother ship!!!

@eugenes read article SERIOUSLY, may see tech sorted 5 to 10 years??? That article is a pipe dream my thoughts mate maybe someone can correct me and I will add extra sugar every morning in my Coffee PPKERS all the way!!!
PPK Price at posting: $21.80 Sentiment: Buy Disclosure: Held
5 Upvote

2 Great analysis

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(20min delay)
Last 55.0¢		Change -0.110(16.7%)		Mkt cap ! $49.47M

Open	High	Low	Value	Volume
65.0¢	66.0¢	54.5¢	$152.4K	257.4K

Buyers (Bids)

No.	Vol.	Price($)
1	499	55.0¢

Sellers (Offers)

Price($)	Vol.	No.
56.0¢	18615	1

View Market Depth

No.	Vol.	Price($)
1	499	0.550
1	1834	0.545
1	6541	0.540
2	20000	0.520
1	6124	0.490

Price($)	Vol.	No.
0.570	5000	1
0.580	13350	1
0.600	4000	1
0.630	1500	1
0.655	8916	1

Last trade - 16.10pm 10/07/2024 (20 minute delay)

PPK (ASX) Chart

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