PPK 7.95% $6.65 ppk group limited

'r' directors selling?

  1. 3,947 Posts.
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    Does anyone know if there has been some sell down
    of stock in Plaspack Group ltd (asx code PPK) by any
    of the directors recently?

    a BROKING FIRM did a cap raising to fund the purchase of peteron ltd the company which produces the plastics bottles for cottees

    INSTO'S bought stock at a placement of $1.05 each

    On top of that they got a contract with colgate/palmolive

    Both peteron business and colgate/palmolive business
    only appeared on ppk books from dec last year (ie. earnings in report would have been for 6MTHS APPROX ONLY!)

    Options are way inside the money which were set many moons ago!

    Interesting?
 
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