PCK 6.06% 3.1¢ painchek ltd

Apple has roughly 200-250 billion USD cash on hand at any given...

  1. 621 Posts.
    lightbulb Created with Sketch. 155
    Apple has roughly 200-250 billion USD cash on hand at any given time, and have been acquiring companies on a monthly basis for years now. They have also shifted towards healthcare in the recent years.

    I believe this may have been where at least some of the rumour has started - people making the logical and obvious conclusion that PCK would be quite attractive to a company such as Apple.

    Philips is also another game changer here.

    Let's hope it doesn't come down to an acquisition because that is where our ride ends - and PCK has so much potential to stand on its own two feet as a blue chip in years to come.

    If it did come down to that, I suspect nothing less than 1b would be put on the table. That would see us bow out at roughly $1 a pop.
 
watchlist Created with Sketch. Add PCK (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.