CMC Virtually Live: 20th April 2022

Last update - 20 April 2022 By Daniel Barry

In this episode of Virtually Live, Shannon Rivkin covers: BHP (BHP), Kogan (KGN), Prime Media Group (PRT), the Paladin SPP (PDN), IGO Ltd (IGO), Western Areas (WSA), Magellan (MFG).

In this week’s show

0:18 – General market update
25:24 – Q1: What do you think about the PDN SPP offer?
2:15 – Q2: I am interested in your thoughts on lithium producer Sayona Mining Ltd SYA?
6:40 – Q3: I would appreciate your views on BKI Investment co (BKI), Whitfield Ltd (WHF), Soul Pattison (SOL) and the Australian Foundation investment co ltd (AFI)?
9:03 – Q4: on the Paladin Share Offer, I have a small shareholding in this company. Can you explain the structure of the offer and provide a recommendation on whether I should take it up or not?
13:33 – Q5: Hi Shannon, Please can you provide some commentary and clarification on the proposed merger of BHP’s petroleum business with Woodside?
16:44 – Q6: the BHP in specie dividend paid in WPL shares doesn’t count also as a capital loss in BHP for taxation purpose?
17:47 – Q7: I hold PDN shares and am eligible to buy shares @ .72 in their SPP. I am wondering what you think of the potential of investing up to $30000 in these, considering the current climate for uranium?
18:51 – Q8: PNC has announced the chance for existing shareholders to buy shares at $0.55 per share, with an attaching 1-for-1 option at an $0.80 exercise price, expiring on 31 March 2025. I’m holding a 60% loss on PNC. Is this a chance to average down or a flashing red light?

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