however, they have given no indication whatsoever as to what any...

however, they have given no indication whatsoever as to what any "consolidation" will look like.
all they have said is that we can expect no premium for our shares! so that means someone will get control of the company for a discount. any t/o normally requires about a 40% premium for control. so PRT seems to have given up on selling the coy for market value. who says the SP recognises the true value of PRT? it is still generating S...loads of free cash flow.

the only news of "consolidation" of PRT I have read, was in the media (because the coy sure won't tell us anything) is supposedly directors moving down George ST promoting PRT acquires control of SWM. that idea sure got squashed.