PGL
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0.00% 85.0¢ prospa group limited.

25 percent short term upside, page-2

  1. mrnoidea
    40 Posts.
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    23/01/09
    15:03
    Post #: 4722688
    interested to know thoughts on why the fund managers didn't vote on mass to remove the current board under the proposals put forward by PSG?

    as i understand a PSG appointed board would have made a return of $45-50M cash to shareholder, significanly more than the current merger proposal of $20m capped return.

    sadly i do hold avx.

    PGL Price at posting: 87.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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