Today my wife received a letter from PPKME. (because her holding of PPK falls into the following I guess.)
It seems they automatically are going to buy back share parcels of less than $500 based on 13 cents per share.
If you wish to retain your shares you have to send back a 'Share retention form' to be received by them before 5.00pm 22nd January 2024.
I must say I haven't paid any attention to what's been going on with PPKME.
Does anyone have any thoughts or insight?
PPKME - Selective Share Buyback
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Last
43.0¢ |
Change
0.030(7.50%) |
Mkt cap ! $38.39M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 43.0¢ | 40.5¢ | $6.315K | 15.51K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26560 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.0¢ | 7444 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
42.5¢ |
Change
0.030 ( 3.66 %) |
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| Open | High | Low | Volume | ||
| 42.0¢ | 42.5¢ | 40.5¢ | 6515 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| PPK (ASX) Chart |