PPK 9.09% 48.0¢ ppk group limited

This is an interesting offer of 13 cents, PPKME FY23 Report...

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    This is an interesting offer of 13 cents,

    PPKME FY23 Report (Page 42)
    89,289,293 Shares with a a value of $18,381,625 making each share $0.205

    So the offer is lower than what the directors valued the shares at, However the super important part for the investors & more importantly the bank,

    Using the $0.13 value put forward by the directors, gives a market capital value of $11,607,608
    PPKME FY23 Report (Page 42)
    11,322,000 net debt
    Thats a 97.5% gear ratio....
 
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