Keith John presented yesterday at a small caps conference. He mentioned that the refinancing of debt was a priority for PNC over the next few months. There will be cost savings
He didn’t discuss any of the problems over the last few years and was a little light on financial details. I would like to see more honesty from the CEO. I would have preferred to see him discuss the turn around and some of the recent challenges.
A couple of things I picked up were.
PNC source their debt mainly from banks.
There are now only two local Australian companies who buy and then collect debt there were 4.
Ann: Investor Presentation, page-13
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Last
51.5¢ |
Change
-0.010(1.90%) |
Mkt cap ! $73.89M | |||
| Open | High | Low | Value | Volume |
| 53.0¢ | 53.0¢ | 51.5¢ | $109.0K | 208.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 49999 | 51.5¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 66930 | 1 |
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| PNC (ASX) Chart |