PGL prospa group limited.
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The time for voting (on the merger) cut off is fast...

  1. saxman
    89 Posts.
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    26/02/09
    09:44
    Post #: 4840745
    The time for voting (on the merger) cut off is fast approaching.(by 9/3)

    Since the announcement of the proposed merger:
    PGL down 11% (including going ex buy back rights)
    AVX down 34%

    On current market price for AVX ,AVX shareholders should get 1 Progen share for ever 19.285 AVX shares held. (merger deal is at 12.587)

    AVX shareholders are now 53% better off in share allocation than at 22/12/08. (At PGL shareholders cost)

    Check out market depth of AVX; sellers are lining up so price could fall more!

    PGL IS NOT A CHARITY!!

    VOTE NO for the merger VOTE NO for the merger

    VOTE NO for the merger VOTE NO for the merger
    PGL Price at posting: 80.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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