Agreed.
On the look of it, there are interested parties for some & all of the company. The question is price.
But, with the tight position of the board (rejecting previous high offer from Regal and therefore inability to recommend an inferior current offer) and its past irrational decisions (Pendal acquisition) together with its poor financial performance in the past year, then no wonder the traders are staying away. Alas the SP has suffered in the past few months.
There must be better value propositions in the market for traders than PPT. Or it is just too hard ATM.
The main way to prove up the value in PPT would be some initial signs of increasing FUM and increased benchmark performance (above 70%).
If this is done, then the tide will turn for the SP.
Agreed.On the look of it, there are interested parties for some...
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Last
$22.46 |
Change
0.240(1.08%) |
Mkt cap ! $2.549B | |||
| Open | High | Low | Value | Volume |
| $22.24 | $22.49 | $22.03 | $7.658M | 342.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 651 | $22.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.46 | 193 | 1 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$22.47 |
Change
0.240 ( 1.31 %) |
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| Open | High | Low | Volume | ||
| $22.22 | $22.49 | $22.03 | 40431 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| PPT (ASX) Chart |