Scoop has an Ethical Paywall
Stock & Share Trading – Low-Ball Offer
Stock & Share Trading – Low-Ball Offer
Stock & Share Trading Company Pty Limited (Stock & Share Trading) has obtained a copy of PGG Wrightson Limited’s (PGW) share register after requesting these details in accordance with the Securities Markets Act 1978. Stock & Share Trading is an Australian company whose sole director and shareholder is John Armour.
We have been advised that Stock & Share Trading have written to some PGW shareholders offering to buy their PGW shares for 0.35c per share. This is a 12.5% discount to the current market price with PGW shares today trading at 0.40c.
Should you receive such an offer, we recommend that you seek independent advice if you are considering accepting and we would encourage you to check the market value of your PGW shares.
ENDS
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