PPK 11.2% 47.5¢ ppk group limited

PPK Value, page-302

  1. 1,207 Posts.
    lightbulb Created with Sketch. 221
    I mean the value destruction here I've never witnessed before, especially in tech that is emerging and all progressing well. The only way the market is going to recognise value here is if they get $$$ for unloading non strategic businesses. They could possibly get their current entire MC with the sale of CIB alone. PPE could easily qualify for a listing on the ASX, in which they will hold another liquid asset along with LIS, and then at the right time, list WGL. BNNT can remain private, acting like an anchor as the nano business is the link to all these businesses becoming bigger.

    IMO The market will certainly not reward this group if it's left the way it currently is. The lack of trust and fiducial responsibility towards shareholders would have burnt many institutions. Time to make the market realise the inherent value by way of selling pieces of their holding that are not part of the big picture.
 
watchlist Created with Sketch. Add PPK (ASX) to my watchlist
(20min delay)
Last
47.5¢
Change
-0.060(11.2%)
Mkt cap ! $43.13M
Open High Low Value Volume
54.5¢ 55.0¢ 46.5¢ $59.86K 119.0K

Buyers (Bids)

No. Vol. Price($)
1 5000 46.0¢
 

Sellers (Offers)

Price($) Vol. No.
50.0¢ 91978 1
View Market Depth
Last trade - 16.10pm 04/11/2024 (20 minute delay) ?
PPK (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.