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1.82%

81.0¢ pact group holdings ltd

I am in the "committed holder" camp and only sell if compulsory...

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brightpower

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15/01/24

06:08

Post #: 71875282
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Originally posted by Giz: ↑

Excellent post, thank you.

Perfect scenario would be he falls short of 90%, he lets the offer lapse, the share price drops short term because of uncertainty so we can accumulate more shares, then after 6 months he starts buying stock on market driving the share price higher or he makes another offer to mop up balance of shares.

For committed holders, we know this could take months to play out if he doesn’t reach his magic 90%, but I would urge the holders that are left that in this case that this is a long game and if you are not prepared for the long game or if you consider that 0.84 is a fair price it may be that trying for a better price on market could be the most beneficial option, then those shares will go to shareholders who may be prepared to stay until the end of this story.
Just remember that IF he gets to 90% and IF RG is successful in CA and you are still holding you will still get 0.84, but it may take a little longer to get your cash and you won’t pay brokerage.

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I am in the "committed holder" camp and only sell if compulsory .ie >90%

PGH Price at posting: 86.5¢ Sentiment: Hold Disclosure: Held
6 Upvote

1 Great analysis

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(20min delay)
Last 81.0¢		Change -0.015(1.82%)		Mkt cap ! $278.8M

Open	High	Low	Value	Volume
80.5¢	81.0¢	80.5¢	$10.52K	12.99K

Buyers (Bids)

No.	Vol.	Price($)
1	349	82.0¢

Sellers (Offers)

Price($)	Vol.	No.
82.5¢	291	3

View Market Depth

No.	Vol.	Price($)
1	349	0.820
1	25000	0.815
1	12422	0.810
2	7303	0.805
2	1379	0.800

Price($)	Vol.	No.
0.825	291	3
0.830	120	1
0.835	50	1
0.845	171	2
0.850	28807	6

Last trade - 11.33am 14/10/2024 (20 minute delay)

PGH (ASX) Chart