Regal need to make an offer that is high enough to be in the best interests of shareholders, so that PPT can have an argument in case of court action to break merge arrangements, thus reducing possible damages.
$35 to 38 cash. COME ON REGAL YOU CAN DO IT!
under $27 short term pain, long term gain.
News: PPT Perpetual Ltd Announces Pendal Scheme Of Arrangement And Court Update, page-6
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Last
$21.56 |
Change
-0.150(0.69%) |
Mkt cap ! $2.470B | |||
| Open | High | Low | Value | Volume |
| $21.69 | $21.70 | $21.51 | $1.209M | 56.01K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 602 | $21.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.57 | 542 | 11 |
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| Last trade - 12.42pm 05/07/2024 (20 minute delay) ? |
| PPT (ASX) Chart |