PIL 7.14% 1.5¢ peppermint innovation limited

oh by the way - PIL ANN mentioned that:The Transaction:The...

  1. 7,451 Posts.
    lightbulb Created with Sketch. 675
    oh by the way - PIL ANN mentioned that:

    The Transaction:The Transaction involves Peppermint acquiring 100% of the issued share capital of PINT and PIPL on terms usual for a transaction of this type. While that actual transaction only involves a nominal payment of one pound (£1) being paid at settlement, the AppMod business will become part of the Peppermint business and be supported accordingly as part of the Peppermint Group. The current ongoing monthly operating costs of the 'Application Modernisation' business division is estimated to be A$160,000 per month).

    So by your reasoning operating in surplus by $3.6million per annum - how dumb are the vendors letting go of an asset returning $3.6m pa for one pound!!!
 
watchlist Created with Sketch. Add PIL (ASX) to my watchlist
(20min delay)
Last
1.5¢
Change
0.001(7.14%)
Mkt cap ! $31.82M
Open High Low Value Volume
1.4¢ 1.5¢ 1.4¢ $21.45K 1.497M

Buyers (Bids)

No. Vol. Price($)
6 1275915 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 364489 1
View Market Depth
Last trade - 14.54pm 15/05/2024 (20 minute delay) ?
Last
1.5¢
  Change
0.001 ( 7.14 %)
Open High Low Volume
1.4¢ 1.5¢ 1.4¢ 1379105
Last updated 15.48pm 15/05/2024 ?
PIL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.