I’ve been waiting for analysis. I agree with your positive thoughts going forward but there always seems to be some complications to the numbers when trying to estimate future earnings.
Didn’t like the fact that they broke out the mtm losses when obviously trying to explain why 2HY was lower than 1HY. I would of thought mtm gains should not be in the base earning revenues of previous years and most probably 1HY.
It might also difficult to match this years performance fees inFY23.
It will be interesting to see where the share price goes from here. Future still looks bright but result a bit disappointing.
Cheers Greg
PAC Price at posting:
$8.65 Sentiment: Buy Disclosure: Held
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