6 months ago I made them aware of Brontech, with all the information. I suggested a takeover (if they had the cash), or merger, or take a 19% stake like Ookami. It looks like PPL went ahead and did the research and decided to partner with Brontech. I expect Brontech to list on the ASX at some stage, unless Ookami take them over first.
I also banged on to them quite a bit about Blockchain, and noted the former CEO then inserted some references in his last presentation.
Maybe there is some light at the end of the tunnel, though it may be a long tunnel.
This is a start, so credit where it is due. Well done PPL.
It will be interesting to wait another year, and to then gauge the effect of the turnaround, and see what the EBITDA has been for the 2018/19 financial year.
Gw
PPL Price at posting:
17.5¢ Sentiment: None Disclosure: Held
