I suspect the next move for PPL is to also cut out or sell the half of Sparc that is making a loss, together with the people who are working there.
We are getting down then to a small core of the business that remains, that actually makes a small profit, or at least breaks even.
When they reach that point, and with expenses being slashed, there is no need for them to be listed, which will be the final and ignominious end to their lives on the ASX - very sad.
Gw
PPL Price at posting:
5.5¢ Sentiment: None Disclosure: Held
