Dec 31 (Reuters) - Peet Ltd (PPC) :
- MOVES TO 100% OWNERSHIP OF FLAGSTONE CITY PROJECT
- AGREED TO ACQUIRE SPIRIT SUPER'S 50% SHAREHOLDING IN FLAGSTONE CITY PROJECT IN QUEENSLAND
- ACQUISITION IS BEING FUNDED FROM EXISTING CASH AND DEBT FACILITIES
- TO ACQUIRE SPIRIT SUPER'S SHARE IN PROJECT FOR A$46.15 MILLION
- IN ADDITION TO PAYMENT, PEET WILL ASSUME AN ADDITIONAL A$21 MILLION OF DEBT, REPRESENTING SPIRIT SUPER'S SHARE OF PROJECT'S DEVELOPMENT LOAN
- GROUP'S LIQUIDITY EXPECTED TO REMAIN STRONG WITH CASH AND AVAILABLE DEBT FACILITIES FORECAST TO AVERAGE A$93 MILLION OVER NEXT 18 MTHS
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Last
$1.79 |
Change
0.090(5.29%) |
Mkt cap ! $838.0M | |||
| Open | High | Low | Value | Volume |
| $1.68 | $1.79 | $1.67 | $271.4K | 160.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 590 | $1.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.79 | 8999 | 1 |
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| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| PPC (ASX) Chart |