PGL prospa group limited.

News: PGL Prospa Group Says Prospa And Salter Brothers Tech Fund Consortium Sign Scheme, page-4

  1. 1,116 Posts.
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    I don’t think this is a takeover or sale. They’re taking the company private and are offering shareholders who want out $0.45. The deal is conditioned on over 74% of SH remaining. The top 20 owns 88%. This stock was never really public… The same management will continue, without the oversight of a listed company has to comply with. At this valuation I’m likely to stay in. Could be some trading opportunities in the next few months. I think there is a low probability of an external higher bid.
 
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Currently unlisted public company.

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