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6.25% 1.5¢ pro-pac packaging limited

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  1. dct
    2,764 Posts.
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    12/11/13
    16:56
    Post #: 12559787
    Buy side starting to build, in the next week or two this looks likely to pop back above 50c as the punters realise this is potentially a very good leverage into the PACT float.

    Ruffy owns 51% so it is win win for him and the PPG CEO who owns about 17% of the stock.

    Public money from the float can buy him out at a handsome profit and he still retains the business in the PACT IPO.....nice work.
    PPG Price at posting: 46.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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