I do not think that Pengana Capital Group is going to be undertaking a takeover offer for Pacific Current Group anytime soon. in fact it looks like Platinum Asset Management and Pendal once Pendal gets rid of the lowball offer from Perpetual will have more chance than Pengana.
One of a few stocks down on an otherwise Boom Relief Rally.
PCG is part of a small list of embattled stocks that on a Boom Expectant Relief Rally that is actually down intraday along with the embattled and about to be broken up CBA and the a2 Milk company who picked the wrong political system for its capital.
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