Closed with 500,000 crossing at $4.15. A bit of a premium on $4.04
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Closed with 500,000 crossing at $4.15. A bit of a premium on $4.04
Great result, been keeping the faith since $1.76, happy days. Worth noting that there’s 2.4 billion people that believe in Christianity, thanks google, 1.09 billion Catholics. USA is ranked 85th in the world for Christian’s per capita, admittedly the poorer countries take up the the higher places, but Italy, Ireland, Argentina and who’d have thought it, Vatican City at no.1, everyone there believes in God, funny that, all feature and are great places for pushpay. A one trick pony... bit like Facebook.
Chris Heaslip on NBR today, painted a pretty positive picture. The placement allowed a US investor to buy a chunk and attracted nine new institutional buyers. He commented business was doing well. PPH have done a pretty good job in my view from what was a potentially challenging situation.
Goldman Sachs has initiated coverage of PPH and has a price-target of $5.80.
Perhaps Goldman Sachs was that US investor? 😋
That wasn’t AUD was it?[No, AUD target $5.40]