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Plant Health Care – recommended offer, “attractive value” for shareholders?

By Steve Moore | Wednesday 26 June 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Plant Health Care (PHC) is “pleased to announce” the terms of a recommended offer for the company, emphasising “a significant premium to the current share price and allows shareholders to realise immediate and attractive value for their shareholding… PI has the heft, the capability and the determination to underpin the next phase of growth of Plant Health Care's exciting journey”. What about this and a current around 8.7p share price?
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