PPK 9.09% 48.0¢ ppk group limited

Today my wife received a letter from PPKME. (because her holding...

  1. 72 Posts.
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    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?
 
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