Praemium readies takeover bid for rival Powerwrap

  1. 290 Posts.
    lightbulb Created with Sketch. 53
    AFR street talk this morning....

    "Praemium is expected to lob a takeover bid at rival Powerwrap on Thursday morning."

    Who else saw this coming? It has like $15m net cash and ~$8bn of FuA. Oh ant it uses their Vwrap tech so they would have a good indication of what they're buying (one would reasonably assume).

    This is going to be great for both parties. I hold both.
 
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Price($) Vol. No.
80.0¢ 112791 3
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